UK Approves Low Carbon Budget

In an attempt to further strengthen the impact that future technologies will have on the automotive industry, the UK Government announced a comprehensive plan to support ultra-low carbon technologies.

Building on the positive impact the scrappage incentive of 2009 had on both the environment and the ailing automotive industry, the government has approved the doubling of the annual investment allowance for small businesses. A great step, the Society of Motor Manufacturers and Traders (SMMT) b… (read more)