Unibail-Rodamco to acquire Westfield for US$24.7 billion
Net Neutrality Fight Comes To Kenwood
American Outdoor Brands Corporation (NASDAQ:AOBC) Slumps -16.28% in Pre-Market
Ford launch £2000 scrappage scheme for pre-2010 cars
23 August 2017, 01:00 | Melanie Burgess
Ford plans to roll out its own scrappage scheme to boost air quality | Credit Marcin Mincer
Its auto and van scrappage scheme will tempt customers with at least £2,000 and up to £7,000 to swap their old vehicle for a new Ford.
What is the diesel scrappage scheme 2017, what are Ford and BMW offering and are diesel and petrol cars being banned from 2040?
The auto giant is seeking to improve air quality levels in the United Kingdom, but has moved beyond incentivising new vehicle purchases by offering drivers discounts to trade in older models registered before December 2009.
At the lower end, drivers will receive £2,000 off a Ford Fiesta while at the top end those who trade in their vehicle and purchase a Transit van, will get a £7,000 discount.
"It's a good time for the industry to respond", said Andy Barratt, chairman and managing director of Ford Britain, in a phone interview.
"We don't believe incentivising sales of new cars goes far enough and we will ensure that all trade-in vehicles are scrapped".
Ford said scrappage schemes could take hundreds of thousands of the dirtiest vehicles off the roads, to replace them with models using the latest Euro VI standard engines emitting 80 per cent to 90 per cent less NOx (the generic term for polluting notrogen oxides) and particulates.
"Ford shares society's concerns over air quality".
President Buhari Lands in Nigeria
But much like his aides, Buhari has consistently said he would only return to Nigeria on the instruction of his doctors. The All Progressives Congress (APC), the party of president and his deputy, praised the vice president's contribution.
Signals that the government or local authorities may clamp down on diesel cars have also spooked buyers, according to David Bailey, professor of industrial strategy at Aston University.
The vehicle giant said combining the incentive with other standard offers could give customers £4,000 off a auto and £7,000 off the cost of a van.
Replacing old petrol and diesel cars alone could save 15 million tons of Carbon dioxide annually, the company said. BMW's scheme is available for owners of vehicles that meet Euro 4 standards of less - essentially most cars registered before 2005.
Any vehicle that took to the road before December 2009 will be considered.
Green groups broadly welcome the latest move by Ford. New analysis released last week found that electric cars are now greener than even the most efficient petrol and diesel cars thanks to the deployment of renewables cutting the carbon intensity of the United Kingdom grid. "I would urge other manufacturers to consider how they can play a part in creating a cleaner example - particularly those with the worst real world emissions".
Rival auto maker Vauxhall ran a similar scheme earlier this year.
Intel unveils the first of its 8th generation Core CPUs
Intel says the fastest parts provide on average 40 percent more performance in system tests compared to 7th Gen parts. On the good news front, this marketing silliness shouldn't obscure the fact that these chips are still interesting.
Google Assistant-powered smart headphones are coming
The tech giant seems to be betting big on artificial intelligence (AI) as all the products are expected to run Google Assistant. Last year Google announced the then-all-new Pixel family in October, so it might be best to mark your calendars now.
Trevor Siemian named Broncos starting quarterback
While Siemian did struggle in a starting role last season, he's looked much better than Lynch during the summer. Siemian came off the bench and completed 8/11 passes for 93 yards and a touchdown.
Verizon to Compete With AT&T's FirstNet Emergency Network
Department of Commerce earlier this year granted AT&T the right to build the nation's first network dedicated to first responders. Kansas and Arizona are the most recent states to opt into the program, according to the spokesperson.