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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

Green Car Congress

The response to COVID-19 is having a major impact on the economy, with retail and manufacturing activity crippled without precedence and concerns mounting on consumer sentiment. Purchase and investment incentives should be based on similar criteria across Europe, drawing on both national and EU funding.

Renewable 207
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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. Knittel did not analyze the program’s other key objectives: stimulating the economy and providing relief for automobile manufacturers. However, the. pollutants.I

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China Forecast to Produce 12M Vehicles This year

Green Car Congress

The government’s stimulus plan for the auto industry formulated this year had achieved great success in terms of boosting domestic demand and ensuring the industry growth, he said at the on-going 2009 International Forum on Chinese Automotive Industry Development held in Tianjin. Sales of China’s domestically-made automobiles totaled 1.09

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China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 million units, according to estimates from the China Association of Automobile Manufacturers (CAAM). People’s Daily. Official figures for vehicle production and sales are scheduled for release next Monday.

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China on track for 12million vehicles

Green Cars News

A report in the People’s Daily quotes Chen Bin, director of the Department of Industry under the NDRC, as stating that Chinese car manufacturers were originally expected to produce and sell more than eight million units of vehicles in the first eight months of the year.

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