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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. By contrast it states, the Congress scheme is weaker - you can simply buy a new SUV with only slightly better gas mileage and qualify for a $3,500 boost. What do you think of these proposals and the scrappage scheme in general?

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

Green Car Congress

China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. in 2014 as a result of industrial overcapacity and weakness in the real estate sector. IHS Automotive experts also expect SUVs to remain the fastest-growing segment in China in 2015. million units.

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Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

New and used vehicle importers, fleet companies, the electricity sector, other supporting industries and consumers need certainty about government climate and transport policy over the long-term. Scrappage schemes. This will require around 1 million new and used EVs to be brought into New Zealand over the next 13 years.

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

Green Cars News

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. Now it seems that its efforts have been rewarded. The argument for the UK….

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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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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

The luxury segment also offers a wide variety of product options for consumers across all segments, ranging from small cars to SUVs. for the overall US industry. Austerity plans will prevent governments in Europe from boosting 2012 sales through scrappage programs and other incentives offered in previous years.

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