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Electric cars get a £500 million government cash boost – but will it get spent?
Mon, 05 May 2014The new BMW i3 EV (pictured) will be subsidised until 2017. The subsidy of up to £5000 paid to buyers of electric cars has been with us for three years, but it hasn’t had much impact on EV sales and it did look like the government had decided to scrap it all together. But it looks like the coalition has allowed Nick Clegg to have his way with EV subsides in a move that will see £500 million injected in to promoting and supporting electric cars in the UK in the next few years.
Rising Vehicle Ownership Puts The Squeeze On Roads
Fri, 12 Sep 2014IF YOU’RE starting to think that the roads are getting crowded, you’re not wrong. The latest data shows that the number of licensed vehicles on the roads has passed the 35 million mark for the first time. Government figures show that by the end of 2013 there were 35.03 million licensed vehicles in Britain.
GM product chief Bob Lutz to retire
Mon, 09 Feb 2009GM boss Bob Lutz Retires By Ben Whitworth Motor Industry 09 February 2009 17:41 GM boss Bob Lutz will retire at the end of the year. The vice chairman of global product development – who has been at the centre of the automotive industry for the last 46 years – will be replaced by Tom Stephens, GM’s current veepee for global powertrain and global quality. Lutz, 76, will continue to report to GM boss Rick Wagoner throughout 2009 in his new role as GM vice chairman and senior advisor, before bowing out at the end of December.