Has the scrappage scheme been exposed? The Green Piece

Green Cars News

The Green Piece Column. It’s been nearly a year since the scrappage scheme (known as ‘cash for clunkers’ in the USA) ended its run in the UK. The Green Piece cash for clunkers green car scrappage schemeTuesday 8 February 2011. At the time we were told that it had been a resounding success (see article) by not only boosting the automotive industry but also [.].

Scrappage scheme prompts sales boost

Green Cars News

The momentum for new car sales in the UK shows no sign of declining after September figures were released by the Society of Motor Manufacturers and Traders (SMMT). Much of the rise has been attributed to the ongoing success of the vehicle scrappage scheme, with the Government-led concept accounting for 21 per cent of sales during the month with 77,316 units registered under the scheme.

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Scrappage scheme deemed a success

Green Cars News

Though it has faced a barrage of criticism since its inception earlier this month, it would appear that the Government’s scrappage scheme has proved popular with consumers. This means that roughly one in every five new cars ordered in this period makes the most of the scrappage scheme. To mark the success, Gordon Brown welcomed three new car buyers to Downing Street that have benefitted from the scheme. What do you make of the scrappage scheme?

Scrappage scheme faces more criticism

Green Cars News

How much will the UK’s vehicle scrappage scheme help car buyers? The scheme, which sees motorists buying a new car rewarded with a £2,000 subsidy if they trade in a vehicle over 10 years old that they have owned for at least 12 months is made up of £1,000 from the Government and an equal amount from the manufacturer. Do you think the scrappage scheme should be extended to used cars?

More success for UK vehicle scrappage scheme

Green Cars News

There was more joy for car manufacturers in July thanks to the UK’s car scrappage scheme. Since the beginning of the scheme, 84,361 vehicles have been registered according to the Society of Motor Manufacturers and Traders (SMMT) with the scrappage scheme accounting for 21 per cent of July’s new car registrations, totalling 33,026 units. This fraction of the 157,149 new car registrations total for the month gave the industry a much needed boost.

Citroen confirms scrappage scheme

Green Cars News

It didn’t take long for vehicle manufacturers to jump on the scrappage bandwagon in a bid to strike while the iron is hot. However, the French manufacturer was not just confirming its participation in the Government-led plans - instead it was issuing a reminder about a scrappage scheme of its own. Under Citroen’s terms, new car buyers can obtain £2,000 for their old vehicles when they trade them in for any new Citroen.

Drivers can go green with scrappage scheme

Green Cars News

The environmental benefits of the scrappage scheme is certainly open for debate - but drivers that pick up the ultra-green new SEAT Ibiza SC Ecomotive will certainly be doing their bit for the cause. The scheme sees car buyers with vehicles over 10 years old qualify for a £2,000 contribution towards a new vehicle in exchange for a commitment to scrap their old vehicle.

Facts about the scrappage scheme

Green Cars News

As we continue our Budget 2009 coverage here at TheGreenCarWebsite.co.uk, we thought we’d break down the scrappage scheme into bite-size pieces showing you exactly how it works and who will qualify. So following yesterday’s House of Commons statement which confirmed the introduction of the incentive scheme here is our breakdown: - A total of £2,000 will be offered as part of a “cash for scrap&# scheme on cars that are 10 years old or older. -

More international criticism for scrappage schemes

Green Cars News

Yesterday we told you how the scrappage scheme proposals in the USA are coming under fire and today it is the turn of Spain’s scheme to face criticism. The Ecologistas en Accion , one of the country’s most important green groups, is claiming that the scrappage scheme is bad business. According to the group, driving a car is not only bad for the environment but it is also bad for administrations expecting to reap financial rewards.

Proposed scrappage scheme meets criticism

Green Cars News

The scrappage scheme is only a few days old here in the UK and it has already come under fire. An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. These payments vastly outstrip the estimated $500 a car it would cost to increase fuel economy by 10 per cent for all vehicles on the assembly line.

Manufacturers sign up for scrappage scheme

Green Cars News

We’re just days away from the full implementation of the vehicle scrappage scheme and several providers have announced their participation in the Government backed project. MG made its participation official yesterday stating that it would match the £1,000 from the Government to give new car buyers a £2,000 reduction on a brand new MG TF. Volkswagen has also announced its scrappage scheme offers. The scrappage scheme comes into effect on May 18.

Suzuki calls for scrappage scheme in Australia

Green Cars News

Having been boosted by scrappage scheme sales in Europe, Japanese manufacturer Suzuki wants to see a similar scheme implemented in Australia. Suzuki Australia manager Tony Devers has been monitoring the results from countries that have introduced a scrappage scheme and states he “cannot fathom&# why the idea of introducing similar incentives has met with such resistance Down Under. The European standard of 130g/km of CO2 has been outlined as the standard bearer for green cars.

Government Scrappage Scheme reaches halfway mark

Green Cars News

The Government’s scrappage scheme has reached halfway surpassing 150,000 orders since its launch back in May. A total of 154,927 cars and vans have been registered to car buyers through the scheme, which gives buyers a £2,000 discount on a new car when an old car is traded in for scrap. Lord Mandelson, Secretary of State for Business said: “I’m pleased that we have already achieved over 150,000 new car orders.

Hyundai ahead of the pack in scrappage scheme

Green Cars News

So which company has reaped the benefits of the vehicle scrappage scheme the most here in the UK? Look no further than Korean car manufacturer Hyundai. So popular is the vehicle that the company has been asking its staff to work around the clock to help get the cars to customers quickly. “Other car companies have piled on the pounds with punitive price increases, meaning that comparative mainstream models can cost 30 per cent more.

Ford to sweeten scrappage deal – but is it green?

Green Cars News

Unsurprisingly there is still frenzied interest in the announcement of a vehicle scrappage scheme by Alistair Darling as part of his 2009 Budget. The scheme, which will see the Government and vehicle manufacturers collectively offer a £2,000 discount against the purchase of a new vehicle when the owner scraps a car that is over 10 years old, has had its merits questioned by a number of industry analysts. Or does the vehicle scrappage scheme hit the mark regardless?

Cautious welcome for scrappage extension

Green Cars News

Since the announcement that the car scrappage scheme in the UK will be extended (see article ) a host of important industry names have been having their say on the plans, with a cautious but generally positive welcome for the proposals. According to the FLA’s head of motor finance Paul Harrison, this is the key for long-term demand for new cars when the economy recovers. we want to know what you think of the decision to extend the scrappage scheme.

Scrappage scheme could be popular than expected

Green Cars News

The scrappage scheme announced as part of the Budget last week, could be more popular than the government expects according to the Insistute of Fiscal Studies (IFS). 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.

How the Budget affects green car drivers

Green Cars News

According to his plans, vehicles that are aged over 10 years old and have been driven by motorists for more than 12 months will be worth £2,000 when traded in for a new car as part of the Government’s new scrappage scheme which takes much of its inspiration from a highly successful format in Germany. The state will provide £1,000 with car makers expected to supply the other half of the cash. There are encouraging signs for people struggling to buy new cars too.

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Industry experts have their say on scrappage plans

Green Cars News

Alistair Darling’s 2009 Budget, which announced the introduction of a £2,000 scrappage incentive scheme in the UK, has been met with mixed reviews from industry experts. According to Retail Motor Industry Federation (RMIF) chairman Paul Williams, the announcement could offer a significant boost to new car sales. “To describe this scrappage scheme as environmentally friendly is not just greenwash, it is hogwash. What do you think of the scrappage scheme?

Will the scrappage extension do any good? The Green Piece

Green Cars News

The Green Piece: Tuesday 6 October, 2009. The UK’s car scrappage scheme may have been dubbed a resounding success by the majority of car manufacturers and consumers alike, but it hasn’t won plaudits from all corners. This is little more than a panicked way of propping up the industry as, given time; those cashing in the grants would most likely have bought the new car anyway. A 15 per cent VAT on new car purchases balances the £1,000 subsidy.

Green car becomes top selling model of 2009

Green Cars News

The last year was not the easiest for the car industry, figures out today show that car sales were down 6.4 per cent to for the year compared to 2008, selling just under two million cars in the UK. The situation could have been made worse if it weren’t for the support of the scrappage scheme, [.]. Tags: Ford Green credentials 2009 Fiesta figures focus registrations Sales scrappage smmt

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Green car incentives coming to Israel

Green Cars News

The eagerness to reward green car buyers for their purchases now looks likely to extend to Israel, where the finance ministry is planning new regulations on car purchasing according to Reuters. It is expected that the cars with the highest fuel consumption levels, such as SUVs, will face increased taxes and duties. Meanwhile, there will be discounts for people who buy hybrid cars and a scrappage scheme style payment for those that get rid of older cars.

2009: A year in review for green cars. The Green Piece

Green Cars News

From the continued dominance of Japanese manufacturers to the vehicle scrappage scheme; with everything from bankruptcy to exciting new concepts in between – it’s been an enthralling year for green cars and here we look back at the key developments… 2009: A YEAR IN REVIEW FOR GREEN CARS. Tags: Green cars The Green Piece 2009 column electric hybrid solar year in review

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Scrappage scheme boosts August car sales

Green Cars News

The car scrappage scheme continues to boost car registrations as sales rose 6.0 Registrations from private buyers and of small cars were again up strongly in August as the scrappage incentive scheme continues to influence the market. Green cars dominated the top selling models, the frugal Ford Focus was the best selling model in August, ahead of the Fiesta and Hyundai i10. per cent of annual new car registrations.

New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

The report, authored by experts from Aberdeen University, Imperial College and E4tech Consulting, finds that Government must do much more than promote electric cars if it wants rapid and deep cuts in transport emissions. It finds that policy can play a big role in helping drivers leave their car at home and that Britain lags behind the leading countries in use of cleaner modes of travel. It is also possible over time to facilitate a substantial shift to lower carbon cars.

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Extending vehicle life the key to CO2 emission savings

Green Cars News

Remember when the scrappage scheme and the cash for clunkers campaign were introduced and many argued that replacing older cars with new vehicles would be beneficial for the environment? Green cars Latest news cash for clunkers co2 emissions extending vehicle lifetime vehicle life vehicle scrappage

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. It seems a spark is needed to get us back to the showrooms – so are the leading manufacturers right to put their faith in green cars? The car maker is rumoured to be in so much trouble that it is considering closing a major auto assembly plant for the first time ever – the New United Motor Manufacturing Inc based in Fremont, California, which it shares with General Motors.

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

Green Cars News

Drivers are increasingly letting their wallet rule their car buying decisions with more motorists than ever before opting for a green car over a conventional alternative. However, will green cars really save you money? The Green Piece. suggests that drivers should think twice before going green. Why green car benefits may be exaggerated. Why buyers are going green. So is it worth going green?

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Cash for clunkers repeat? Report says: NO

Green Cars News

At the height of the recession in 2008-2009, the Car Allowance Rebate System (CARS), also known as the "cash for clunkers" program (a similar concept was launched in the UK known as the scrappage scheme) was introduced in the USA to drive new sales and reduce carbon dioxide emissions. Latest News Green cars

Can the UK lead the green car charge? The Green Piece

Green Cars News

The UK has been an epicentre for drivers with a green conscience for many years. Having already adjusted its road tax system to penalise the heaviest polluters and introduced congestion charges; the Government created a vehicle scrappage scheme earlier this year meant to help more motorists make green choices while boosting the automotive sector. So is Britain really in a position to be a green car leader? Electric cars remain something of a gamble.

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Cash for clunkers programme explained

Green Cars News

The US appears set to follow the UK’s lead with its own version of the vehicle scrappage scheme known as the Car Allowance Rebate System - or CARS for short. Here is a brief guide: - The CARS Act makes transactions on and after July 1 potentially eligible for credits though dealers and consumers have been advised to wait until all of the regulations have been resolved after July 23. -

More details on cash for guzzlers programme

Green Cars News

The vehicle scrappage scheme may be in full swing here in the UK, but in the United States there remain a number of questions shrouding the proposed ‘cash for guzzlers’ programme. Generally new cars must be rated with a combined economy of 22mpg and new trucks must have fuel economy of at least 18mpg. Tags: Green cars Latest news cash for guzzlers cash for guzzlers explained vehicle scrappage scheme

Scrap your car for free bus travel

Green Cars News

A bus company on the Isle of Wight has launched its own version of the car scrappage scheme, offering motorists free travel on its buses for a year in exchange for their old banger. The island’s bus operator Southern Vectis has introduced the ‘Really Green Car Scrappage Scheme’ that will allow residents to swap an old car, scooter, moped or van for a ticket to use their bus network for 12 months. Our target audience is really the second car.

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New Prius to be huge hit in UK

Green Cars News

The hybrid car, dubbed the car of the stars because of its popularity among Hollywood celebrities, has attracted a huge order book with almost 10 per cent of its orders made through the UK’s scrappage scheme. Indeed a Press release from Toyota touts the versatility of the car by pointing out that it has had huge appeal across a range of motorists. Tags: Green cars Hybrid cars Latest news Toyota new Prius new Toyota Prius Toyota Prius

Hyundai plans green growth investment

Green Cars News

Hyundai, which has already enjoyed great success in the UK since the implementation of the scrappage scheme , has now announced plans to invest W9.3trillion this year with W4.1trillion to go towards green growth projects. The Korean car manufacturer will expand investment into research and development with facilities to establish a mass production system for green cars in 2012. Tags: Green cars Hyundai Latest news green growth investment

Prius tops the sales chart again

Green Cars News

This is the third successive month that the Prius has been the top-selling car in Japan (see previous article ). Late last week we also told you how the Toyota Prius is expected to be a huge hit in the UK (see article ) having taken more than 2,000 advanced orders - 10 per cent of which were placed through the vehicle scrappage scheme. Tags: Green cars Hybrid cars Latest news Toyota japan new Prius new Toyota Prius Prius sales Toyota Prius

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Schwarzenegger shows faith in Detroit

Green Cars News

Movie star turned California Governor Arnold Schwarzenegger has lead something of a green car revolution in his state. This has prompted many in Detroit to wonder whether he hates the city, its cars and its workers. He said that he never hated Detroit and is in fact a big car collector. However, he states that while we shouldn’t make villains out of big cars we should take old technology and say we can do better.

It is good to be small as auto market stumbles

Green Cars News

As automotive production in Europe falls by a whopping 35 per cent, small cars have reached a new record high market share reflecting consumer concerns about the general economy and the environment. Indeed even though schemes such as the vehicle scrappage concept have helped segments of the market, overall vehicle demand went down further as well. Nevertheless, small cars reached a market share of 44.9

Cash for clunkers enjoys early success

Green Cars News

So after the UK’s vehicle scrappage scheme was hailed a success, what of the so-called “cash for clunkers&# programme in the US? Even though corporate purchases of vehicle fleets continued to drop, the number of retail sales of Ford cars and pick-up trucks among the public leapt by nine per cent. Officially called the Car Allowance Rebate Scheme (CARS for short), it has proved so popular that public funding of $1billion dried up after one week.

Resounding success or a piece of scrap? The Green Piece

Green Cars News

The Green Piece - Tuesday 23rd June 2009. Since the introduction of Britain’s vehicle scrappage scheme, everything appears rosy for the country’s automotive industry once more. According to Government figures, orders for new cars have been boosted by 60,000; Toyota has seen its order book lifted by more than 7,000; and Nissan has taken an additional 2,383 orders from customers looking to scrap their cars, prompting it to take on more staff on temporary contracts.

Is a green tax blitz justified? The Green Piece

Green Cars News

Motorists could face a huge increase in fuel duty on top of a £3,300 levy on new cars under proposals outlined by the Green Fiscal Commission. Is a green tax blitz justified? Justify it with a green agenda and some will at least stop and listen. The 100-page report wants to double the proportion of green taxes in the current tax take from the existing level of seven per cent. Among its suggestions is a £300 tax on new cars, increasing annually to £3,300 by 2020.

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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. So is this scheme green at all? Well, it seems that Americans, while not necessarily ‘over’ their love of large, gas guzzling cars, are at least taking steps in the right direction.