Scrappage program

eCommerce to Emerge as Mainstream Distribution Channel in Global Automotive Aftermarket by 2025

Retrieved on: 
Monday, July 12, 2021
Automotive industry, Transport, Electric vehicle conversion, Motor vehicles, Automotive aftermarket, Vehicle modification, Scrappage program, Human activities, Aftermarket, SpaceX Mars program

Additionally, while the global demand will exceed the pre-COVID levels in 2022, the market will likely increase by 7.1% in 2021, with revenues from online sales in the aftermarket estimated to grow at 14%.

Key Points: 
  • Additionally, while the global demand will exceed the pre-COVID levels in 2022, the market will likely increase by 7.1% in 2021, with revenues from online sales in the aftermarket estimated to grow at 14%.
  • Chinaleads the world in terms of innovating with new business models for retail.
  • Its vehicle population is currently only behind North America and is well poised to overtake it, resulting in tremendous demand potential.
  • In India, the vehicle Scrappage Policy announced at the beginning of 2021 could boost new vehicle sales and potentially help increase the used and remanufactured parts aftermarket.

eCommerce to Emerge as Mainstream Distribution Channel in Global Automotive Aftermarket by 2025

Retrieved on: 
Monday, July 12, 2021
Automotive industry, Transport, Electric vehicle conversion, Motor vehicles, Automotive aftermarket, Vehicle modification, Scrappage program, Human activities, Aftermarket, SpaceX Mars program

Additionally, while the global demand will exceed the pre-COVID levels in 2022, the market will likely increase by 7.1% in 2021, with revenues from online sales in the aftermarket estimated to grow at 14%.

Key Points: 
  • Additionally, while the global demand will exceed the pre-COVID levels in 2022, the market will likely increase by 7.1% in 2021, with revenues from online sales in the aftermarket estimated to grow at 14%.
  • Chinaleads the world in terms of innovating with new business models for retail.
  • Its vehicle population is currently only behind North America and is well poised to overtake it, resulting in tremendous demand potential.
  • In India, the vehicle Scrappage Policy announced at the beginning of 2021 could boost new vehicle sales and potentially help increase the used and remanufactured parts aftermarket.

July surge of UK vehicle sales put rest of Europe in the shade, but market expected to be 28-30% down at year end, according to latest research from GlobalData

Retrieved on: 
Friday, August 7, 2020
Automotive industry, Scrappage program, Vehicle recycling, GlobalData

- Total UK light vehicle sales market expected to be **28-30% down at year end, according to latest GlobalData estimates.

Key Points: 
  • - Total UK light vehicle sales market expected to be **28-30% down at year end, according to latest GlobalData estimates.
  • LONDON, Aug. 7, 2020 /PRNewswire/ -- July light vehicle sales in Europe provided surprises aplenty, not least in the UK.
  • Without incentives or a scrappage scheme in place, UK sales totalled over *203,000 a whopping 10.6% ahead of last year.
  • However, the UK market is still expected to be **28-30% down at year end, according to the latest data from GlobalData, a leading data and analytics company.

ALG Provides Third Revision of 2020 New Vehicle Sales Forecast Scenarios Based on Latest Impact of COVID-19

Retrieved on: 
Monday, April 20, 2020
TrueCar, Transport, Automotive industry, ALG, Scrappage program, Pricing

This completely diminishes the likelihood of recovering 2020 sales to pre-Coronavirus sales rates.

Key Points: 
  • This completely diminishes the likelihood of recovering 2020 sales to pre-Coronavirus sales rates.
  • ALG forecasts a cumulative shortfall of new sales of three to nine million units over the next three years, based on varied vehicle ownership patterns, scrappage, and population growth.
  • ALG is a wholly-owned subsidiary of TrueCar, Inc., a digital automotive marketplace that provides comprehensive pricing transparency about what other people paid for their cars.
  • TrueCarmedia line: +1-844-469-8442 (US toll-free) | Email:[email protected] TrueCar and ALG PR Contact: Shadee Malekafzali [email protected] 424.258.8694

Scottish company hit with maximum fine for making nearly 200 million nuisance calls

Retrieved on: 
Monday, March 2, 2020
Fiction, Video games, Culture, Computer icons, Automotive industry, Scrappage program, Vehicle recycling, Ico, Ico, Kik Messenger, Information Commissioner's Office

The Information Commissioners Office (ICO) has fined CRDNN Limitedwith the maximum 500,000 fine for making more than 193 million automated nuisance calls.

Key Points: 
  • The Information Commissioners Office (ICO) has fined CRDNN Limitedwith the maximum 500,000 fine for making more than 193 million automated nuisance calls.
  • The subsequent ICO investigation revealed that CRDNN Limited was found to be making nearly 1.6 million calls per day about window scrappage, debt management, window, conservatory and boiler sales between 1 June and 1 October 2018.
  • The calls were all made from so-called spoofed numbers, which meant that people who received the calls could not identify who was making them.
  • CRDNN Limited came to the attention of the ICO when more than 3,000 complaints were made about the nuisance calls.