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

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. According to the analysis, the current anti-trust campaign environment could alter the relationships among consumers, dealer and OEMs. —Nigel Griffiths, chief automotive economist, IHS Automotive.

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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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Is a green tax blitz justified? The Green Piece

Green Cars News

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? More money must be invested into green car infrastructure too.

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