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Average new car CO 2 emissions in the UK fell by their biggest ever margin last year with the impact of recession and the Scrappage Incentive Scheme boosting the continued influence of technological advances made by vehicle manufacturers, according to the annual New Car CO 2 Report from the Society of Motor Manufacturers and Traders (SMMT).
g/km CO 2 in 2010 according to the Society of Motor Manufacturers and Traders’ (SMMT) 10 th annual CO 2 report. The scrappage scheme, which ended in March 2010, was a significant factor in this trend. Emissions of new cars in the UK fell 3.5% to an average of 144.2 improvement recorded between 2008 and 2009.
Vehicle replacement schemes such as the “cash for clunkers” program in the US and the “scrappage scheme” in the UK have featured prominently in the economic stimulation packages initiated by many governments to cope with the global economic crisis—at least 13 countries have deployed such schemes. would be required.
The Scrappage Scheme is having a positive impact in reducing average CO2, the Society of Motor Manufacturers and Traders (SMMT) says. SMMT regularly publishes scrappage incentive registration figures and has collated further data to provide more detail on vehicles bought through the scheme. This was 10.9 km, and 27.4
There was more joy for car manufacturers in July thanks to the UK’s car scrappage scheme. per cent of the total scrappage registrations and 3.6 “The scrappage scheme has contributed to the first increase in new car registrations since April last year,&# he said. per cent of overall van registrations in July.
Alistair Darling’s 2009 Budget, which announced the introduction of a £2,000 scrappage incentive scheme in the UK, has been met with mixed reviews from industry experts. According to Retail Motor Industry Federation (RMIF) chairman Paul Williams, the announcement could offer a significant boost to new car sales.
The UK’s car scrappage scheme may have been dubbed a resounding success by the majority of car manufacturers and consumers alike, but it hasn’t won plaudits from all corners. There are ominous questions looming too, as to what the motor industry will do when the scrappage scheme ends. The Green Piece: Tuesday 6 October, 2009.
New car emissions fell by their biggest margin yet last year, the latest report from the Society of Motor Manufacturers and Traders (SMMT) reveals. Helped by the recession and the scrappage scheme, new car sold in the UK in 2009 emitted just 149.5g/km km of CO2, down 5.4 per cent on the 2008 figure and 21.2 [.].
A report from the respected Institute of Mechanical Engineers (IMechE) advises that the Government should not rely solely in the introduction of electric cars to reduce vehicle-related CO2 emissions. It’s purchasing power will help stimulate demand for these technologies and encourage further research and development.
Since the introduction of Britain’s vehicle scrappage scheme, everything appears rosy for the country’s automotive industry once more. Environmentalists have dubbed the vehicle scrappage scheme “a bailout masquerading as a green initiative” and have slammed the Government for failing to tie the initiative to green cars. Money talks.
New car sales fell 24 per cent in April, the latest figures from the Society of Motor Manufacturers and Traders (SMMT) has revealed. However the SMMT say that the drop may in part be due to customers delaying a purchase until the introduction of the scrappage scheme in May, announced as part of the Budget.
The Budget confirmed and built on the Chancellor’s measures in Budget 2008 and the Pre-Budget report by: Confirming the new rules on capital allowances linked to CO2 emissions. Introducing a vehicle scrappage scheme. The CO2 based allowances announced in last year’s Budget were confirmed. Vehicle Scrappage Scheme.
SAIC Motor, China’s top automaker, are producing EVs for as little as $4,500 USD. . The Hyundai Motor Group aims to produce 1 million EVs globally, by 2025. Scrappage schemes . The OECD has conducted analysis on the components of effective ‘scrappage schemes’. In the U.S. China is the world’s largest EV market.
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