Green Car Congress
APRIL 23, 2009
It also discusses fuel taxes and prices, which affect both travel and vehicle choices. Relatively low elasticity of demand for fuel suggests that the impact of fuel tax increases may be limited in the short run. Medium-term potential exists in reallocating road space to extend bus and light rail provision.
Green Cars News
APRIL 22, 2009
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.
Green Cars News
JUNE 15, 2009
Meanwhile, there will be discounts for people who buy hybrid cars and a scrappage scheme style payment for those that get rid of older cars. Currently, purchase tax on many car models is 77 per cent of the car’s imported value - this percentage is expected to rise to 92 per cent.
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