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million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” Europe; Russia influences.
Scrappage schemes. New Zealand is the only OECD country without emissions standards, besides Russia. Drive Electric supports the Land Transport (Clean Vehicles) Amendment Bill (‘the Bill’), and encourages New Zealand to be ambitious. FBT, depreciation); and. Drive Electric members’ views.
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