Green Car Congress
JUNE 9, 2014
In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005. million (1.5 percent) since last year.
Green Car Congress
SEPTEMBER 22, 2009
A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., An earlier, separate study by UC Davis transportation economist Christopher Knittel concluded that the US scrappage program paid nearly 10 times the projected price of carbon credits per ton in the best-case scenario to reduce GHG emissions.
Green Car Congress
JULY 29, 2015
million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. percent of the fleet.
Green Car Congress
MARCH 30, 2009
Members of the Presidential Task Force on the Auto Industry will work with GM on the new, more stringent, plan, the President said, who also noted the resignation of GM CEO Rick Wagoner as an outcome of the process. am confident that GM can rise again, providing that it undergoes a fundamental restructuring. ”. Earlier post.).
Green Cars News
MAY 21, 2009
The scrappage scheme is only a few days old here in the UK and it has already come under fire. In effect it is offering subsidies to the relatively rich despite the fact that the auto industry’s survival depends on getting those with incomes below $100,000 back into the showroom. Leave a comment with your thoughts.
Green Cars News
APRIL 23, 2009
Unsurprisingly there is still frenzied interest in the announcement of a vehicle scrappage scheme by Alistair Darling as part of his 2009 Budget. The so-called Scrappage Plus discounts will be available over and above the Government and industry’s shared £2,000 subsidy. Sound good? Well, there is a catch.
Green Car Congress
FEBRUARY 3, 2015
million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million units; a 27% decline over 2014 and nearly 40% (1.2
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