Get Electric Vehicle
SEPTEMBER 5, 2021
The Voluntary Vehicle Fleet Modernisation Programme, often known as the vehicle scrappage program, was launched on August 13 by Prime Minister Narendra Modi. . The Vehicle Scrappage Policy’s Highlights. Since the second part of 2019, the Indian car industry has been in turmoil. Scrappage Policy and EV Sector.
Green Car Congress
JUNE 15, 2021
COVID-19 and its impact across the US caused a reduction in new vehicle sales as well as a sudden increase in vehicle scrappage, which was a catalyst for increased velocity in the growth of the average age of light vehicles. of VIO for the whole year.
Green Car Congress
JUNE 9, 2014
In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. This rate of growth is slowing as compared to the last five years due to the substantial increase in new vehicle sales. million (1.5 percent) since last year.
Green Car Congress
FEBRUARY 5, 2009
All sales types fell in January, although the fall in the private sector was less steep, perhaps reflective of the VAT cuts but more likely that the private sector had already begun to decline in January 2008, the SMMT suggested. Scrappage schemes in other European countries include: Country. Paul Everitt, SMMT chief executive.
Green Cars News
OCTOBER 6, 2009
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). per cent increase on sales in the same month last year. We look at the scrappage scheme extension, as well as its pros and cons, in depth in our latest Green Piece Column.
Green Cars News
APRIL 22, 2009
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.
Green Car Congress
JULY 29, 2015
million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. years in 2016 but not reach 11.7
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