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CARB launching second round of Clean Off-Road Equipment Voucher Incentive Project with $130M

Green Car Congress

CORE is part of California Climate Investments, a statewide initiative that puts billions of Cap-and-Trade dollars to work reducing greenhouse gas emissions, strengthening the economy, and improving public health and the environment — particularly in disadvantaged communities.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. —Nigel Griffiths, chief automotive economist, IHS Automotive. North America.

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Industry experts have their say on scrappage plans

Green Cars News

Alistair Darling’s 2009 Budget, which announced the introduction of a £2,000 scrappage incentive scheme in the UK, has been met with mixed reviews from industry experts. “To describe this scrappage scheme as environmentally friendly is not just greenwash, it is hogwash. What do you think of the scrappage scheme?

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Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional

Baua Electric

India is the world’s third-largest automobile market. Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset.

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Hyundai ahead of the pack in scrappage scheme

Green Cars News

So which company has reaped the benefits of the vehicle scrappage scheme the most here in the UK? “In this sector of the market and in this economic climate, buyers are incredibly price conscious,&# he said. Look no further than Korean car manufacturer Hyundai.

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UK new car CO2 emissions fell 3.5% in 2010 and more than 20% since 2000

Green Car Congress

The scrappage scheme, which ended in March 2010, was a significant factor in this trend. Cars in the sub-130 g/km CO 2 category represented almost 40% of the market in 2010 compared with less than 1% in 2000. An earlier report by the SMMT showed that average new car CO 2 emissions fell 4.7% —Paul Everitt, SMMT Chief Executive.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

Recent sales data—when combined with the slump in the Purchasing Manager’s Index and currency devaluation in early August, as well as the summer stock market rout—suggests a significant rebound in light vehicle sales is unlikely in the coming months. million units, reflecting a growth rate over 2014 of just 1.4 Click to enlarge.

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