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Car depreciation set to burst scrappage scheme bubble

Green Cars News

Car buyers, set to take advantage of the UK’s £2,000 scrappage incentive, to be launched on Monday, could find that the benefit of the scheme wiped out in depreciation within just 88 days of purchasing a new vehicle. The UK’s best-selling car – the Ford Focus Style – loses £8,625 or 51 per cent of its value in the first year alone.

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Resounding success or a piece of scrap? The Green Piece

Green Cars News

Since the introduction of Britain’s vehicle scrappage scheme, everything appears rosy for the country’s automotive industry once more. Environmentalists have dubbed the vehicle scrappage scheme “a bailout masquerading as a green initiative” and have slammed the Government for failing to tie the initiative to green cars. Money talks.

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

Green Cars News

Similarly, the Ford Focus ECOnetic only saves around £18 compared to its conventional alternative. The Ford Fiesta remains the top-selling new car with almost 67,000 registered in the first seven months of the year. Similarly, the Ford Focus ECOnetic is a full £2,250 cheaper than its conventional counterpart. Faye Sunderland.

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Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

Scrappage schemes. Mainstream brands like Honda, GM, Volvo, VW Group, Ford (Europe) have committed to going all EV, and recently Toyota announced a strong move in this direction also. Copenhagen) it’s possible for cycling/active transport modes to make up half or more of commuter trips in urban environments.

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

By mid-2026, Ford says 100 percent of its passenger vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid, before finally going full-electric in 2030. Ford’s commercial vehicles will also be zero-emissions capable by 2024. . Scrappage schemes . For example: . Given the right conditions (e.g.