Remove Dealers Remove Financing Remove Industrial Remove Scrappage
article thumbnail

Renewed push: Centre weighs dedicated fund to drive vehicle scrapping and new car sales – ET Auto

Baua Electric

There are no regulations barring use of vehicles more than 15 years in rural areas, which has spawned a growing market for pre-owned cars in the hinterlands, limiting the scrappage aims, according to a government study. A senior industry executive however said the steps outlined in VVMP are still to be entirely implemented. “So

article thumbnail

Reducing the cost of electric vehicles

Electric Vehicles India

The Ministry of Finance has written to all Ministries/Departments of the Government of India to replace the petrol and diesel cars hired by them in their Secretariats and attached offices by electric cars for mobility in Delhi. Also, read related article: Vehicle scrappage policy to reduce the cost of EVs says Nitin Gadkari.

Cost Of 101
article thumbnail

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.

article thumbnail

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

Green Car Congress

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5%

2015 150
article thumbnail

Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

New and used vehicle importers, fleet companies, the electricity sector, other supporting industries and consumers need certainty about government climate and transport policy over the long-term. Scrappage schemes. 7) [link] r-us-auto-dealers-the-unstoppable-electric-car. (8) Technology-taker. FBT, depreciation); and.