UK to give up to £5000 for ultra low carbon vehicles
Filed under: EV/Plug-in, Hybrid, Hydrogen, Mitsubishi, Tesla Motors, Legislation and Policy, UK
Would-be buyers, both individuals and businesses, of certain low emission vehicles in the UK will be offered a sweet incentive starting in 2011. How does 25 percent off the purchase price, up to £5,000 ($7,618 at today’s rates), sound to you? The fiscal inducement will be available for purchases of plug-in hybrids (PHEVs), hydrogen-fueled vehicles and battery-powered electrics (BEVs) that meet emissions, performance and safety criteria. The barriers to the bounty include a CO2 output of no more than 75 grams per kilometer. As well, BEVs must have a range of 70 miles (113 kilometers) while PHEVs need to be capable of at least 10 miles (16 km) before the petrol starts burning. All vehicles must be capable of reaching 60 miles per hour (96 kilometers per hour), come with at least a three-year warranty and meet crash standards.
With £230 million ($350.4 million) in the program that runs until 2014, the line-up of people ready to take advantage of extra cash at purchase time may find themselves facing a small choice of vehicles. When things kick off next January, the menu will consist of Mitsubishi i MiEVs and Tesla Roadsters (if there are even Roadsters still available). As the year progresses, the number of choices is expected to expand with the Nissan Leaf becoming available in March and market entrances may be made by the Reva NXR and the Opel Ampera. The program will be reviewed one year after its implementation and any changes deemed necessary will go into effect by April of 2012. Hit the jump for bonus videos of Britain’s ITV News’ take on electric cars featuring (mostly) Mitsubishi’s Japanese jellybean.
[Source: Guardian / Department for Transport]
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The Best Looking New Honda is… a Minivan
Suggest the 2011 Honda Odyssey concept unveiled at the Chicago Auto Show is the best looking new Honda since the COTY-winning Civic sedan, and a cynic might say that’s like congratulating someone for being the healthiest guy in intensive care. But the praise is warranted: the new Odyssey is a surprising breath of fresh air from an automaker whose products have looked disappointingly lumpen and unimaginative of late.
What’s fascinating about this Honda style revival is that it’s about to happen in what is widely regarded as the most style-resistant segment in the automotive market – minivans. Minivans are the ultimate automotive appliances; stolidly functional boxes designed to transport families and their junk. A Lamborghini is sex-on-wheels. A Bentley is automotive power dressing. A Camaro or Jeep Wrangler or F-150 pickup is like wrapping yourself in Old Glory and singing The Star-Spangled Banner. But a minivan? A minivan is sensible shoes.
Chrysler’s original T-115 minivan, launched way back in 1983, was a segment buster, which is why it sold up a storm. It captured a generation that longed for the family-friendly utility of their mom’s old full-size station wagon, but didn’t want to be seen driving their mom’s car. Minivan sales peaked at just over 1.3 million units in 2000, but since then, it’s been a steady decline – just over 400,000 minivans were sold in America last year – and no-one expects the segment to top 700,000 units a year in the foreseeable future.
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Top 10 most popular cars bought by over the 65′s (U.S)
With most customers favouring smaller cars, there is still one demographic that Detroit has a solid hold on… Retirees. Buyers over 65 are the last hope for the good American car. In some dealerships, anything upto 85% of all Buick buyers are 55 and older.
The over-65’s look at brands like Buick, Lincoln and Cadillac as status symbols. Those brands have what advertisers call the “Mind Share” in that demographic. Retirees remember a time when the only people driving those cars were celebrities and other high profile members of society; now they want in to that high-profile group of Cadillac drivers. Plus, older folks like familiarity, they know these brands, they’ve heard them their whole life.
Studies in the U.S have shown that the next generation of OAP’s prefer sporty, performance type vehicles as opposed to the large cloud cars on this list. As for now, here are the 10 best sellers with the old folks:
(The models are ranked based on the percentage of buyers age 65 or older, using market research data from J.D. Power and Associates. All the cars on this list get less than 20 mpg in town driving and less than 30 mpg extra urban driving.)
10. Ford Taurus – The Taurus is one Ford’s best selling models, in fact it was the best selling car in the 90s. Ford went through some weird phase where all the cars had names starting with ‘F’. They got rid of the Taurus title and called it the “Five Hundred”. Either way, the Taurus is back now and old people still love it. Upto 35% of all buyers are 65 years old or older.
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Maruti Suzuki 800: Prices in Bangalore, New Delhi, Mumbai, Kolkata and Chennai
Prices of Maruti Suzuki 800 in Bangalore, New Delhi, Mumbai, Kolkata and Chennai
All prices (indicative) on-road, in lakhs(Rs( & prices may vary
Maruti Suzuki Alto: Prices in Bangalore, New Delhi, Mumbai, Kolkata and Chennai
Maruti Suzuki Alto: Prices in Bangalore, New Delhi, Mumbai, Kolkata and Chennai
All prices (indicative) on-road, in lakhs(Rs) & prices may vary
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Government money for Jaguar hybrids
Tax money required for hybridization?
Last year Jaguar received almost $800 million in government loans to keep the automaker alive. This year the EU has granted another $500 million to Jaguar to develop hybrid cars.
Why?
Does the world really need Jaguar, even a hybrid Jaguar?
Hyundai, Kia Rank 2nd in Car Sales in China Last Year
Hyundai and its affiliate Kia have collectively ranked second in China in the number of vehicles sold last year, thanks to increased demand for their compact cars amid an economic slump, according to industry data. According to the data provided by automobile companies in China, Hyundai and Kia sold a combined 811,695 units of vehicles in the rising nation last year. The Korean companies followed Volkswagen which ranked first by selling 1.39 million units.
Hyundai saw its car sales jump 93.6 percent on-year to 570,309 units last year, while its affiliate and the nation’s No. 2 automaker Kia sold 241,386 units, up 70 percent from a year earlier, the data showed.
Based on the numbers, the two companies outpaced their Japanese rival Toyota, whose ranking fell from the second to the fourth. Exact figures on how many vehicles the Japanese company sold in China were not available.
[Source: Trading Markets]
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