Green Cars News

SEPTEMBER 6, 2009

This has been prompted by the government’s stimulus plan for the auto industry which has boosted domestic demand and ensured industry growth. Now sales of China’s domestically produced automobiles have totalled 1.09million units in July alone – that’s up 63.57 Tags: Cars Green cars Latest news.

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China Stimulus Vehicles Automobile Manufacturer 36

Green Cars News

APRIL 27, 2009

However with 10 million or so eligible cars on the road, demand for the scrappage incentive could soon outstrip supply while the sudden boost in sales would lead to a lull again after the money is spent. per cent of pre-recession annual car sales. As fiscal stimulus, this measure benefits one industry.

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Scrappage Stimulus Green Cars Sale 32

Green Cars News

AUGUST 18, 2009

With payments of up to $4,500 for motorists willing to swap their ageing gas guzzling vehicles for more fuel efficient ones, it seemed like a ‘can’t lose’ scheme with consumers getting cheaper cars, the automotive industry enjoying more sales and the environment boosted by a reduction in harmful emissions.

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Cash For Clunkers Green Obama Scrappage 36