Green Cars News
APRIL 27, 2009
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). The cost to the Exchequer will be £1,000 per vehicle with the remainder coming from participating manufacturers. As fiscal stimulus, this measure benefits one industry.
Green Car Congress
JULY 24, 2011
million transactions in which old cars were traded for new vehicles under these car fleet renewal schemes. The report does not address the employment or stimulus-related impacts of fleet renewal schemes which are arguably their primary objectives. safety to exceed the costs associated with vehicle replacement, scheme design.
Green Cars News
AUGUST 4, 2009
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.
Green Cars News
AUGUST 18, 2009
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. With General Motors and Chrysler also showing signs of modest improvement, all looked rosy.
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