News

Germany to cancel registration of unfixed dieselgate cars

The motor transport authority of Germany has ordered people who have not yet fixed their cars affected by the dieselgate emissions scandal to either fix them or gear up for having their registrations cancelled. According to a media report, the authorities in Munich and Hamburg have already cancelled the registrations of multiple Volkswagen and Audi cars.

It has been reported that some users have noticed a 10 percent decrease in performance post the fix. Hence, many of them are reluctant to hand over their cars to the company to have them fixed. Unlike the USA, there have been no fines or buyback schemes in Europe. The German authorities have claimed that 95% of the 2.46 million affected vehicles have been fixed.

In 2015, Volkswagen admitted to the use of a software for cheating in emission tests. At present, the CEO of Audi, ex-CEO of Volkswagen and head of powertrain of Porsche have been arrested in relation to this scandal.

Source: Truth about Cars

 

News

Singapore to cap total number of vehicles on the streets

Singapore has announced that no further cars will be added on its streets. The growth rate for motorcycles and cars will be reduced to 0% from the current 0.25%.

The city state has said that this restriction will be applicable from February 2018. Meanwhile, the growth rate for the buses and goods vehicles will still be at 0.25% till March 2021. This additional time has been given to the business owners to revamp and increase the efficiency of their existing fleet. Further, the limit on the growth rate will be reviewed again 2020.

The land space in Singapore is very scarce and leads to very high property rates. Currently, roads occupy 12% of the available land. Alarmed by this, the authorities considered this limit. They will also be spending US$ 21 billion over the next five years to improve the public transport network - mostly towards the bus and rail transportation.

Currently, vehicle owners must hold a "Certificate of Entitlement" which is auctioned by the government every month. This certificate costs about US$ 30,000 and is valid for a 10-year period. As of 2016, there were over 6 lakh cars in the city.

Source - Bloomberg

 
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