Purchase Sale Scrappage 
Green Car Reports
JUNE 13, 2014
consumers are purchasing plenty of those new cars, they''re still keeping the old ones around. As new, more-efficient cars become available, older models must eventually be taken off the road for a genuine reduction in greenhouse-gas emissions to occur. Yet while U.S. The number of cars on U.S.
Green Car Congress
JANUARY 3, 2012
Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk expects China to make the largest contribution to global sales growth for new vehicles, with an anticipated 16% increase over 2011. Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3%
Green Car Congress
MARCH 18, 2009
In a move to take older vehicles off the road and spur new car sales, US Representative Betty Sutton (D-OH-13) introduced legislation today that will provide consumers a $3,000 to $5,000 incentive to buy more fuel-efficient cars, trucks or use mass transit. Sutton’s Consumer Assistance to Recycle and Save (CARS) Act ( H.R.
Green Car Congress
MARCH 21, 2020
The transit bus replacement funds will be administered through NYSERDA’s New York Truck Voucher Incentive Program (NYTVIP), which provides point-of-sale rebates to reduce the cost for businesses and municipalities that want to purchase new, clean electric or alternative-fueled vehicles (e.g., commercial trucks and buses).
Green Car Congress
JUNE 15, 2021
COVID-19 and its impact across the US caused a reduction in new vehicle sales as well as a sudden increase in vehicle scrappage, which was a catalyst for increased velocity in the growth of the average age of light vehicles. of VIO for the whole year. of VIO for the whole year.
Electric Vehicles India
AUGUST 18, 2021
Vehicle scrappage policy to reduce cost of EVs says Nitin Gadkari . The Union Road Transport and Highways Minister Nitin Gadkari have once again explained that the National Automobile Scrappage Policy will help to increase the economic growth and boost employment generation in the country. Vehicle scrappage policy.
Green Car Congress
SEPTEMBER 11, 2015
IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 However, sales activity may not be as negative as current media reports suggest, according to IHS.
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