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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). While new cars have lower emissions per mile, they may be driven more and there are environmental costs associated with their production. This will mean fewer sales later.

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

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. Honda too has pinned its recovery hopes on green cars, pushing both hybrid and hydrogen fuel cell technology. Why the race is on.