In Budget 2009, government introduced a scrappage incentive scheme to kick-start demand in the car and van market. The scheme, due to start 18 May, will see government offer a £1,000 incentive to be matched by participating vehicle manufacturers when scrapping a taxed, insured and MOT’d car or van more than ten years old which [...]
Posts Tagged ‘nissan’
NISSAN TAKES FURTHER ACTION AMID GLOBAL CRISIS
New organizational structure to lead through downturn TOKYO – Nissan Motor Co., Ltd. (NML), today announced recovery actions designed to enhance the company’s performance during the current global economic and financial crisis. The company also revealed a new organizational structure to guide Nissan through current challenges and support its future direction. New recovery actions Despite [...]
24 Plus News – Bottom Falls Out of American Auto Market
Frightening USA auto vehicle market figures reported as credit crunch bites deeply… GM, other automakers on road to grim year in sales U.S. sales fall 13% in July. Companies blame pickup trucks, SUVs and tighter credit. GM reports a huge quarterly loss. By Ken Bensinger and Martin Zimmerman, Los Angeles Times Staff Writers August 2, [...]
