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The scrappage scheme is only a few days old here in the UK and it has already come under fire. An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. Leave a comment with your thoughts.
lakh and it will be priced around Rs 98,231 for those who will buy it before this year ends. Scrappage incentive. It is also providing a scrappage incentive of Rs 7,000 on offer. ” Also, read related article: Maharashtra new draft EV policy 2021 announced. Ather 450X price drop is fall to Rs 1.17
Since the announcement that the car scrappage scheme in the UK will be extended (see article ) a host of important industry names have been having their say on the plans, with a cautious but generally positive welcome for the proposals. we want to know what you think of the decision to extend the scrappage scheme.
In what is expected to be significant boost for the govt’s efforts to speed up scrappage of old vehicles, as many as 21 states and UTs have announced some major concessions for car buyers who choose to scrap their cars, ToI reported on April 29.
Drivers are increasingly letting their wallet rule their car buying decisions with more motorists than ever before opting for a green car over a conventional alternative. According to its findings, the savings of buying a green car can vary widely with some only cutting costs by around £18 or £19 a year. The Green Piece.
According to his plans, vehicles that are aged over 10 years old and have been driven by motorists for more than 12 months will be worth £2,000 when traded in for a new car as part of the Government’s new scrappage scheme which takes much of its inspiration from a highly successful format in Germany.
Out have gone the coffee before work each morning, the weekend nights out, and the rush to buy the hot new DVD releases; in has been a new, thrifty way of living. With few of us having the cash or credit to buy an expensive new addition, the bottom seems to have fallen out of the automotive industry which has been plunged into crisis.
This will be more economical for consumers than buying a new one. Scrappage policy . Auto-rickshaws were manufactured as per BS-IV norms and as per the government “scrappage policy,” the BS-IV vehicles will be dumped off. Cost-effective if it is available at about 50-60% price less than buying new autorickshaws.
If the UK can develop clean technology then it could dominate export markets rather than having to spend billions on buying carbon credits from countries that have left us behind. Tags: The Green Piece buy car expense green Green Fiscal Commission hike incentive levy tax. What are the proposals?
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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