Scrappage

Weak ruble, gov't subsidy slow Russia's sales decline

Nov. 12, 2014 15:14 CET
Russian car sales fell 10 percent last month, slowing from a 20 percent drop a month earlier, as the weak ruble and a government subsidy started to provide benefits....
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Russian market in free fall as Ukraine crisis curbs demand

Oct. 9, 2014 11:53 CET
Russia's auto market is in free fall with new-car sales plunging by 20 percent last month following a 26 percent drop in August as buyers worried about the country's sanctions-hit economy avoid large purchases....
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Russia car sales fall 26% in August as Ukraine crisis hits confidence

Sept. 8, 2014 15:05 CET
New-car sales in Russia fell by 26 percent in August after a 23 percent decline the previous month as Western sanctions over the conflict in Ukraine hit consumer confidence....
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Spanish car sales rise 14% in August

Sept. 1, 2014 11:47 CET
Spain's new-car sales rose 14 percent to 45,355 in August, the twelfth straight month of increases, car manufacturers' association Anfac said....
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Russia pledges 207 million euros to resume car scrappage scheme

Aug. 28, 2014 12:19 CET
Russia will reintroduce a scrappage scheme to help stimulate car sales after deliveries in the market fell 23 percent in July as the crisis in Ukraine continues to hit consumer confidence....
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Recovery on track as western Europe car sales rise 5%

Aug. 8, 2014 06:01 CET
Car sales in western Europe grew by 5 percent in July to a little more than 1 million vehicles, bringing sales for the first seven months to 7.4 million, according to analyst LMC Automotive....
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Average age of light vehicle on U.S. roads stayed flat at 11.4 in 2013, IHS says

8:00 am U.S. ET | June 9, 2014
The average age of a light vehicle on the road in the United States remained flat at 11.4 years at the end of 2013, and the total light vehicles in operation reached a record 252.7 million, up 2 percent from 2012, IHS Automotive said today....
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W. Europe car sales rise but recovery to be 'bumpy'

June 6, 2014 11:19 CET
Car sales in western Europe rose about 5 percent in May but the seasonally adjusted annualized rate of sales slipped back from the April level, analyst LMC Automotive said, adding that "the road to recovery remains a bumpy one."...
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Spain tops up car subsidy scheme by 175 million euros

Jan. 10, 2014 16:23 CET
Spain says it has expanded a car subsidy program which offers car owners 2,000 euros to scrap their old car for a new one. The scheme has now been extended four times at a total cost of 465 million euros....
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YANG JIAN

Chinese cities limit car sales but growth is still possible

12:01 am U.S. ET | Dec. 10, 2013
Dalian is the latest Chinese city to restrict new-car sales to reduce pollution and congestion but the upside is that tougher emissions rules may boost sales....
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