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Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. In the event of a future economic recession, we would not recommend repeating the CARS program. Cost per job created. Click to enlarge. million, or 0.7

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Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

Green Car Congress

The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2%

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PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

Green Car Congress

Autofacts sees full-year 2013 sales reaching 15.6 Canada is currently on track for a record year of new vehicle sales, surpassing the previous high of 1.69 Encouraging growth in Brazil during the first half of the year has dissipated, even as the Industrial Products Tax (IPI) holiday winds down in October. million units.

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

Part of the swing in culture has been a downturn in new car sales. Late last week it raised its full-year profit forecast on the hope that green stimulus efforts around the world will push consumers to offload older vehicles in favour of newer, more eco-friendly alternatives. However, he faces strong competition. Why the race is on.

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Tesla stock: Morgan Stanley pumps the brakes and lowers PT ahead of earnings

Teslarati

especially, Tesla is adjusting the narratives that surround some of its vehicles and their eligibility for EV tax credits. Two Model 3 configurations lost the tax credit, and as it is one of the best-selling EVs in Tesla’s lineup, it is not a positive, although the car is still affordable.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. Assuming suppliers can develop credible plans, Grant Thornton has identified contributions and concessions that may be required from other stakeholders in the industry’s future. Laura Marcero.

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