Berlin rules out buyer premiums for fossil-fuel cars

The German government has allocated €2bn as stimulus for the automotive industry overall. Photo: Hendrik Schmidt/Reuters
The German government has allocated €2bn as stimulus for the automotive industry overall. Photo: Hendrik Schmidt/Reuters

Germany’s automotive companies, struggling with a coronavirus-induced drop in consumer demand, are not likely to receive government support in the form of subsidies for buyer premiums to boost sales of their petrol and diesel vehicles.

Politicians, including Bavarian state premier Markus Söder had called for the government to consider buyer premiums for internal combustion cars ahead of a car summit between automotive and supplier bosses, unions, and Angela Merkel’s government on Tuesday evening.

Söder warned of “mass job losses” in the industry. Transport minister Andreas Scheuer said that the inventory of petrol and diesel vehicles must be shifted off car lots.

READ MORE: German car chiefs demand more aid amid COVID-19 slump

However, according to a paper released after the meeting and seen by the German Press Agency, there is no mention of purchase

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How Subaru created the blueprint for selling cars to LGBTQI+ consumers

When it comes to projecting our identity to the world, there are few products that do so as powerfully as cars. What we drive can tell the world more about who we are than where we live, where we went to school, or who our parents are. You are what you drive, as they say.

This automotive extension of identity has only gotten more nuanced and intricate as vehicle technology has developed and cars have become more feature rich. Now, it seems that every brand of motor vehicle has a stereotype attached.

It’s a phenomenon automotive marketers have long relied on to sell cars, though. As we cast our eyes back over car marketing history, we see vehicles targeted to the family-focused, speed demons, the young, the old, the adventurous, the safety conscious, lawyers, teachers, architects — and in the case of one Japanese carmaker, lesbians.

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Self-driving cars still won’t prevent the most common car accidents, according to a new study

A fleet of Uber's self-driving test vehicles in Pittsburgh, Pennsylvania.
A fleet of Uber’s self-driving test vehicles in Pittsburgh, Pennsylvania.

Kyodo News Stills via Getty Images

  • Self-driving car technology has long been lauded for its ability to prevent crashes related to human error.

  • So the logic goes: If you remove people from the equation, far fewer crashes will happen.

  • But that doesn’t take into account the unexpected, a new study from the Insurance Institute for Highway Safety says, nor does it account for the way that self-driving systems are built.

  • About two-thirds of all crashes in the study would still have occurred even if every car on the road were a “fully self-driving” vehicle.

  • “For self-driving vehicles to live up to their promise of eliminating most crashes,” the study says, “they will have to be designed to focus on safety rather than rider preference when those two are at odds.”

  • Visit Business Insider’s homepage for more stories.

In the not-so-distant

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A Total Of Zero New Cars Were Sold In India Last Month

The coronavirus pandemic’s hurting the industry real bad.

The new coronavirus pandemic has been a menace to the world ever since the disease started to spread early this year. As of date, there are 3.34-million tallied cars worldwide, resulting in around 240,000 casualties.

With strict lockdowns and preventive measures in place, mobility is absent and businesses have been hampered. One of the biggest industries that are getting pummeled is the automotive industry, of course. With a drastic drop in demand, as well as the complete closure of dealerships, auto sales have been taking a hard hit. That’s the exact case that has been happening in India.

India’s Business Today reported that the country sold zero passenger cars for the month of April. Yes, that isn’t a typo – India’s $120 billion automotive industry registered zero sales last month amid lockdowns and astringent measures to curb the spread of coronavirus,

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