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GM to buy back 200M shares held by US Treasury for $5.5B

Green Car Congress

Government ownership of GM stock was the result of the auto industry rescue that began under President George W. Bush in 2008 and which was expanded by President Barack Obama in 2009. The repurchase price of $27.50 premium over the closing price on 18 December 2012. —Dan Ammann, senior vice president and CFO.

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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Canadian Study Concludes Rebates to Hybrid Buyers Not Cost-Effective for Reducing Carbon Emissions

Green Car Congress

People are choosing hybrids over similarly priced small- and medium-sized conventional cars, which are not far behind hybrids for fuel efficiency and emissions. Our estimates indicate that two-thirds of people who buy hybrids were going to buy them anyway. The Canadian government offered hybrid rebates during 2007-2008.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Here’s a quick timeline of the key incentives based on information from the Norwegian Electric Vehicle Association : The key benefit for EV owners remains the green tax deals on buying (no purchase or import tax), leasing (no VAT on leased EVs) and owning EVs (no road tax, reduced company car tax).

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One way or another, Fisker Automotive may soon be off the market

Green Car Congress

Two German investors, Ingo Voigt and Fritz Nol, announced their intent to buy Fisker Automotive, the failing plug-in hybrid car company, on 11 September. The program backs automotive companies that offer both green energy initiatives, such as increased fuel efficiency, and new auto industry jobs in the United States.

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Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

Green Car Congress

Miller of Synovate believes that in the US “ 20% of the people are willing to pay up to 10% of the vehicle’s purchase price more (i.e. The role of emotion in buying cars. Would you buy this vehicle? Edwards believes that “ Gas prices alone are not what will increase hybrid sales. United States.

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SAE New Energy Vehicle Forum: China’s focus on NEVs may have profound impact on future of transportation

Green Car Congress

The way cars are used here, the ways in which cars interact with the environment, the way in which human beings reside in urban centers in China are profoundly going to seed the development of the auto industry in every other part of the world. billion people, auto density is still low, but it is growing fast. Private sector.