Environment Industry Oil Scrappage 
Green Car Congress
FEBRUARY 3, 2015
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% million units.
Green Cars News
AUGUST 18, 2009
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. With General Motors and Chrysler also showing signs of modest improvement, all looked rosy.
Green Cars News
NOVEMBER 10, 2009
The idea of levies on new cars will raise alarms when the industry is in recession; and any increases in fuel duty will be regarded as a money making scheme rather than anything aimed specifically at boosting the environment. What are the proposals? Only when these plans are made clear is there any chance of widespread acceptance.
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