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Scrappage scheme prompts sales boost

Green Cars News

According to its statistics, September, traditionally a large volume month anyway due to the number plate change, will be the biggest month for 2009 with an 11.8 According to Paul Everitt, SMMT chief executive, the scrappage scheme is laying the foundation for future success in the industry.

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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use.

2015 150
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Study finds that replacement programs that reduce vehicle lifetime can result in increased lifecycle CO2 emissions

Green Car Congress

Vehicle replacement schemes such as the “cash for clunkers” program in the US and the “scrappage scheme” in the UK have featured prominently in the economic stimulation packages initiated by many governments to cope with the global economic crisis—at least 13 countries have deployed such schemes.

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Resounding success or a piece of scrap? The Green Piece

Green Cars News

Since the introduction of Britain’s vehicle scrappage scheme, everything appears rosy for the country’s automotive industry once more. Hard to argue with statistics like that, isn’t it? Ostensibly, the scrappage scheme has been presented as an incentive to buy less polluting cars and therefore reduce damage to the environment.

Green 36
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It is good to be small as auto market stumbles

Green Cars News

In the first quarter of the year, production fell to just 3.4million vehicles according to new statistics from the Economic Report from the European Automobile Manufacturers Association (ACEA). Indeed even though schemes such as the vehicle scrappage concept have helped segments of the market, overall vehicle demand went down further as well.

Market 39
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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.