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Scrappage scheme faces more criticism

Green Cars News

How much will the UK’s vehicle scrappage scheme help car buyers? The scheme, which sees motorists buying a new car rewarded with a £2,000 subsidy if they trade in a vehicle over 10 years old that they have owned for at least 12 months is made up of £1,000 from the Government and an equal amount from the manufacturer.

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Cautious welcome for scrappage extension

Green Cars News

Since the announcement that the car scrappage scheme in the UK will be extended (see article ) a host of important industry names have been having their say on the plans, with a cautious but generally positive welcome for the proposals. we want to know what you think of the decision to extend the scrappage scheme.

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Will you save money if you buy a green car? The Green Piece

Green Cars News

Drivers are increasingly letting their wallet rule their car buying decisions with more motorists than ever before opting for a green car over a conventional alternative. According to its findings, the savings of buying a green car can vary widely with some only cutting costs by around £18 or £19 a year. The Green Piece.

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Green car incentives coming to Israel

Green Cars News

The eagerness to reward green car buyers for their purchases now looks likely to extend to Israel, where the finance ministry is planning new regulations on car purchasing according to Reuters. Meanwhile, there will be discounts for people who buy hybrid cars and a scrappage scheme style payment for those that get rid of older cars.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

Scrappage schemes . The OECD has conducted analysis on the components of effective ‘scrappage schemes’. It is unlikely that most consumers are considering the future price of petrol, when buying a car today. . As such, this distortion encourages fleets to buy cheaper vehicles with higher running costs (e.g.