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Mayor of London expanding Ultra Low Emission Zone London-wide; new £110M scrappage scheme

Green Car Congress

The expansion will be accompanied by a new £110-million (US$133-million) scrappage scheme to support Londoners on lower incomes, disabled Londoners, charities and small businesses and sole traders. The Mayor is providing further support through scrapping the fee for drivers to sign up to Auto-Pay for the ULEZ and Congestion Charge.

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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

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.

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Study: Cash-for-Clunkers Programs Should Use Fuel Economy Rather Than Age to Maximize GHG Reductions

Green Car Congress

A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., The study also suggests that a long-term Cash-for-Clunkers program may be more suitable to CO 2 e reduction because with such a program policymakers could send a clear, long-term signal to auto manufacturers for more fuel-efficient vehicles.

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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

Austerity plans will prevent governments in Europe from boosting 2012 sales through scrappage programs and other incentives offered in previous years. European sales are expected to be flat or down slightly, to just over 19 million units, according to Polk.

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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

very aggressive model of penetration; Establish vehicles-in-use, scrappage, and sales estimates for vehicles in the fleet using the old technology/fuels and vehicles using the alternative powertrains/fuels; and. auto companies all understand that they will have years to adjust to the evolution to alternative. evolutionary thinking.

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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

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.

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Proposed scrappage scheme meets criticism

Green Cars News

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.