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Japan ends subsidy program for green car purchases

Green Car Congress

Japan has decided to end a government subsidy program to encourage purchases of environmentally friendly cars as funds dwindle. The subsidy was supposed to be eligible for vehicles registered as new cars between Dec. According to the Ministry of Economy, Trade and Industry, the government only has ¥2.5 billion (US$3.5

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

Part of the swing in culture has been a downturn in new car sales. In the US, Chrysler and General Motors fell into bankruptcy; while in Japan even its major automakers have been left reeling from significant profit falls. Honda too has pinned its recovery hopes on green cars, pushing both hybrid and hydrogen fuel cell technology.

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Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” by Bill Cooke.

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Volvo unveils medium heavy engine

Green Cars News

He also noted a slight upturn in certain countries including China, Japan and India, thanks to Government stimulus packages. Tags: Green cars Latest news Volvo Leif Johansson medium heavy engine.

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Nissan reports significant net loss

Green Cars News

In Europe sales amassed 530,000 units - down 16.7%; while in Japan, sales dropped to 612,000 units, down 15.1%. Tags: Cars Latest news Nissan Nissan financial results Nissan losses Nissan profit. Despite the obvious frustrations, Nissan President and CEO Carlos Ghosn remained optimistic.

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