| Date: March 30, 2010 | Source: Reuters |
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The government will invest 590 million euros over two years to promote electric vehicles in Spain, aid can reach the 7,000 per unit in the case of automobiles.
This investment was announced by Teresa Fernandez de la Vega, Deputy Prime Minister after the meeting of the Council of Ministers, in which the Minister of Industry, Miguel Sebastian, presented the Comprehensive Plan for the electric vehicle, whose draft has been Efe access, which provides, inter alia, a specific electricity tariff to encourage its use.
The Plan establishes a strategy that presents a target for the year 2014 of 250,000 electric vehicles or plug part of the Spanish fleet, of which some 2,000 are already this year, according to Fernandez de la Vega. To these must be added another 750,000 hybrids to reach the target figure of one million.
To achieve the goal, the Plan includes a range of measures to stimulate demand, promote investment and development of this industry and also deploy the infrastructure to recharge with points in several Spanish cities.
The measures include a series of programs based horizontal communication activities and strategic marketing, business law and legal barriers and removal of specific and specialized training.
Fernandez de la Vega said that "our bet is decided by a future technology sector," while renewable energy commitment and caring environment.
The reference of the Cabinet minister explained that Sebastian has exposed the Government this Plan, which includes performances produced by the Executive from the key issues discussed at meetings of the working group comprising representatives of the public sector and the scope private in the Ministry of Industry.
From the energy perspective, electric vehicles encourages the use of renewable energy and serves as a backup, it is a way to make their production more manageable (allowed to accumulate energy in peak hours and use it during rush hour), while makes possible a cheapening of the cost, given that exploit the electricity infrastructure and generation capacity unused in the hours valley.
Finally, the electric vehicle emits no CO2 and is more efficient from an energy standpoint, so its introduction represents an energy saving and other environmental advantages, while its implantation represents a technological opportunity in regard to development software to recharge batteries and the development of smart grid "smart grid".
The Comprehensive Plan Promote Electric Vehicle is a product of the memorandum signed by all attending the Summit of the Electric Vehicle November 2009, which stipulated the creation of a working group comprising representatives of the business sectors involved in the electric car and the public sector for its development.
In this group have participated 29 companies (twelve of automobile, electric six, three oil companies, three building, three of electronics, a renewable energy, a consultancy) and eight associations (three in the energy sector, two sector car, one of "renting" a garage and ICT).
They have also served on two public bodies (IDEA and FITSA), six ministries (Industry, Tourism and Trade, Science and Invocation, Development, Interior, Treasury, Environment and Rural and Marine Affairs, and President of the Government), and Spanish Federation of Municipalities and Provinces and autonomous regions through the so-called Board of Directors General of Industry.
| Date: May 14, 2009 | Source: Europa Press |
Go ahead and rate this post Loading ... Minister of Industry, Tourism and Trade, Miguel Sebastián, announced today that the Plan 2000E, consisting of direct aid for the purchase of cars, will take effect next Monday, to avoid damage to the automobile market.
Sebastian explained that since Monday, motorists will at least help with a 1,500 euros (500 contributed by the Government and 1,000 marks) at the expense of what each community decides independently on its contribution.
The 2000E Plan, which will run one year and will include 200,000 operations, provides direct assistance for the purchase of cars with a price of 30,000 euros in exchange for a vehicle scrapped more than ten years old.
Of the 2,000 euros per transaction under the program, the central government will contribute $ 500, to the autonomous communities are another 500 euros and the automakers will contribute the remaining $ 1,000.
In this line, Sebastian expressed his intention to publish "throughout the day" the list of regions that have decided to join this program of direct incentives to purchase jointly with the automotive sector and the government. Also noted that car manufacturers have joined this action "with enthusiasm" and expressed hope that the regional governments to join "unanimously".
As for communities, the Minister of Industry said that so far the response obtained during the meeting with representatives autonomous "has been positive." "We are in the general meeting and the reception is very positive," he said.
MADRID SAYS "NO" SECOND THE MOTION
For his part, Minister of Economy and Finance of the Community of Madrid, Antonio Beteta, said today that the regional government will not add to direct aid for the purchase of new vehicles, announced by Prime Minister Jose Luis Rodriguez Zapatero, and defend existing regional subsidies, as the 20% discount on the registration tax.
Beteta said in a recess between the minister and regional officials with the regions, that Madrid will not provide the 500 euros with the central government asked the regions to cooperate in this plan.
The Minister defended Madrid regional subsidies already in place, as the 20% discount on the registration tax, and called for the state to implement a tax cut for the automotive industry.
| Date: December 25, 2008 | Source: Economic @ 21 |
Go ahead and rate this post Loading ... Continue to proliferate ERES Employment (EFE) time in the automotive sector due to low demand for factory orders, this time the shift is Almussafes Ford plant, particularly in the production of the Ford Focus.
The Directorate General of Labour of the Generalitat Valenciana has cleared the temporary ERE will ultimately affect a total of 4,577 workers at the plant in Valencia, 600 less than those proposed by management.
The address of the factory in Almussafes presented last November a temporary ERE proposal would affect up to 5,177 workers in the Valencia plant for 16 days (11 days), case rejected by the works council following the refusal of the company to complete up to 95 percent wages of those affected.
The multinational car, which this year presented another temporary ERE since 29 September to 17 December for about 1,000 employees, announced in November that it would stop its vehicle production for 11 days until the end of 2008, from 8 to 24 December, "not" have "to work orders," a decision that meant leaving to produce 9,000 units of Ford Focus and that did not result in any injury wage for their workers.
What is the short-term impact of these adjustments in the sector? Probably the worst of this situation is yet to come, as these production stoppages have / will have consequences in the subsidiary companies will gradually diminish as their factory applications, and many can not bear its cost, taking as the only way to close these small subsidiaries.
| Date: December 19, 2008 | Source: Europa Press |
Go ahead and rate this post Loading ... The U.S. government today agreed to allocate an injection of 17,400 million (12,500 million euros) to the car industry, in order to prevent its collapse, while the aid is conditional on the submission of plans to ensure future the profitability of companies.
In particular, the aid are instant loans for an amount of 13,400 million (9640 million), plus an additional line of 4,000 million (2,900 million), if the manufacturers comply with their commitments in the coming two months.
The outgoing U.S. President George W. Bush said at a news conference that the aid, rejected by Congress, will come from the economic rescue plan of 700,000 million dollars (about 500,000 million), submitted two months ago .
Bush Administration sources explained that General Motors and Chrysler to immediately gain access to the allotment by the Government. Ford, meanwhile, said it has sufficient liquidity to continue its operations in the short term.
NOT A BANKRUPTCY BY THE TIME
Bush said in an appearance that the government has rejected for now the possibility of allowing the bankruptcy of major automotive groups, since this would make the recession longer and "the next president would face the death of a vital industry."
"The recommended option is to organize outside of bankruptcy," defended U.S. President, who nonetheless said that manufacturers will have three months to submit its reorganization plans and companies become "viable". "If you can not comply, then we will prepare to file for Chapter 11 of the Bankruptcy Act," he said.
The president said that "to avoid collapse, the government must intervene." "The people and I want the manufacturers to move ahead (..) must demonstrate how automakers become viable businesses, repay loans and prove they can be profitable."
Bush said he hoped that this step is not necessary, but added no choice has been given the current situation, while urging the commitment of all parties involved in the automotive industry. "You are being given the opportunity to reorganize at a very difficult economy," he said.
| Date: December 18, 2008 | Source: Economic @ 21 |
Go ahead and rate this post Loading ... The White House raises bankruptcy controlled the major automobile companies in the country as a way to save the industry, mired in a severe crisis due to the drastic drop in sales.
This decision would be serious consequences for the U.S. economy and a strong impact on employment. I leave the original text published by Reuters , which is priceless:
In his daily briefing, the White House spokeswoman, Dana Perino, said "let's do something" because the government wants to avoid a "chaotic collapse" of the automobile.
U.S. President George W. Bush was expressed in similar terms when during a speech today at the American Enterprise Institute said he was concerned about an "uncontrolled collapse" of the automakers.
Bush said that the average American "would really damaged" by the fall of the manufacturer and also added that "I have an obligation to my successor. Do not think it good policy to throw a crisis" in its first day of work.
Meanwhile, Perino said the White House is "very close" to reaching a decision on granting financial aid to the automakers but declined to be more specific.
It is the first time the Bush administration publicly acknowledged he is considering the failure of one or more of Detroit's Big Three (General Motors, Ford and Chrysler) despite warnings that the closure of one of them cause serious economic losses and labor.
The words of Bush and Perino came a day after Chrysler announced it will stop producing vehicles in North America for a month, from tomorrow until January 19 as a result of falling demand for their products.
Chrysler's decision will cause the break total 30 production (from assembly plants to factories for engines, transmissions and printing) the manufacturer has in the United States (22), Mexico (5) and Canada (3).
The second U.S. automaker, Ford, which is in better financial shape than GM and Chrysler also said that for three weeks 10 of its 12 assembly plants in North America will stop its activities to extend the traditional one week Christmas vacation.
In early November, a study said the U.S. lost 3 million jobs if the Detroit Big Three cease operations.
If only one of the three disappeared job losses would total 2.4 million people in 2009 and 125,000 million dollars economic. In 2011, job losses would be reduced to 1 million.
Here are some other media related news:
¿Do you think that the Bush administration may be running out of resources to draw from the crisis in your country?
Can you think of that other measures could be applied in the automotive sector as alternatives to bankruptcy? Some kind of intervention, incentives to force mergers?
What other consequences could cause the collapse of one of the automotive empires?
| Date: December 1, 2008 | Source: Europa Press |
Go ahead and rate this post Loading ... Car registrations stood at 63,068 units during the month of November, representing a fall of 49.6% over the 125,206 units sold in the same month in 2007 and the second largest monthly drop in history, exceeded only by a decrease of 51% in January 1993.
In the first eleven months of the year, sales of cars and SUVs totaled 1.08 million units, resulting in a strong reduction of 26% over the same period last year, which exceeds the fall estimates run to date, who looked back at 25%, today reported associations of manufacturers (Anfac) and sellers (Ganvam).
Ganvam Anfac and explained the decline in enrollment at the persistence of the severity of the economic and financial situation in general, negative factors such as restricting access to credit, the continuing loss of jobs and less disposable income of families .
This is encouraging consumer confidence is equal to a minimum, restricting sales of vehicles. "We expect the measures to be taken by the Government to stimulate demand are implemented quickly," added Anfac and Ganvam.
Distribution channels, sales to individuals and companies not alquiladoras fell 48.8% in November and 28.5% in the first eleven months of the year. For his part, purchases by rental companies sink 64.5% in November and 9.7% so far this year.
MPVs and SUVs, the brunt
The passenger car registrations fell in all regions in both November and in the first eleven months of the year. 69% of cars sold in November were equipped with diesel engines, compared with 31% share for petrol cars, the same proportion than in the full year.
The November data offer authentic 'setbacks' for some vehicle segments. Thus, the supply of large SUVs were down 75.4%, those of major carriers and 74.8% of luxury cars by 72.5%. In the first eleven months, the greatest decreases were for large vans (-54.4%), large SUVs (-52.7%) and luxury cars (-49.6%).
| Date: November 27, 2008 | Source: Europa Press |
Go ahead and rate this post Loading ... The Prime Minister Jose Luis Rodriguez Zapatero, announced today that the Cabinet approved tomorrow an extraordinary credit of EUR 11,000 million by the 2008 Budget to create 300,000 jobs in different sectors.
Zapatero, who appeared in the House of Congress to introduce this new package focusing on public investment, said that 8,000 million is for the creation of a special fund public investment in the local area for the implementation of new work planning and is administered by the Ministry of Public Administration. According to government estimates, this fund would create about 200,000 jobs in 2009.
Also, implement a comprehensive plan to deal with Automotive regions and social partners with short and long term. First, try to avoid job losses by reducing employment costs and, secondly, ensuring the competitiveness of the sector to recover as soon as possible its activity.
In figures, special credit will be allocated 800 million euros for this plan for the recovery of the automotive sector, which will add 600 million for environmental activities, 500 million for R & D, 400 million for rehabilitation of homes -barracks and police stations, 120 million for housing rehabilitation, $ 30 million to encourage tourism and, finally, 400 million for transfer to the regions to dependence.
