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Details of UK's £5000 Plug-In Car Grants published
Tue, 14 Dec 2010The Government has signed off the Plug-In Car Grants, giving details of which electric cars qualify for the £5000 grants. The incentive means that cars such as the Vauxhall Ampera will cost £28,995, GM confirmed today. Transport secretary Philip Hammond and business minister Mark Prisk announced the scheme and confirmed which areas will qualify for the second round of Plugged-In Places funding - allowing councils to install electric car recharging networks.
India turns the screw on luxury car makers
Thu, 24 Mar 2011Land Rover will still be sending CKD to India despite the rise in import duty India’s economy is growing almost exponentially, as a result of which it has a big, rising middle-class with much the same aspirations as the middle-class in the West. Those aspirations include the accumulation of status symbols considered worthy of representing their success and new wealth, none more so than a good set of wheels. So it’s no surprise that the mainstream luxury car makers – Jaguar, Land Rover, Mercedes, Audi and BMW – are ready, willing and able to provide exactly what India’s middles classes are looking for.
Scrappage helps UK car sales in October
Thu, 05 Nov 2009Scrappage Scheme sales accounted for 20% of sales in October Despite our reservations about the Scrappage Scheme, it does seem that it has inspired buyers in to showrooms in the last few months. And October has recorded a year on year increase of 31.6%, although total car sales are still down over 12% on 2008 figures. October saw a big rise in new cars sales to private buyers with sales rocketing by 86%, and there were rises in the fleet and business market.