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ScrappageProgram


UK "clunker" scrappage scheme extended, expanded

Cash for Clunkers was a success in the U.S., but it's done and over with here. Over in the UK, their version of the old-for-new deal, the scrappage scheme, will be extended to include an additional 100,000 vehicles. The announcement was made today by Lord Mandelson. The basics of the UK plan are to offer new car buyers £2,000 off if they trade in a vehicle that is at least eight years old (this is a change, as the limit had been 10 years). Unlike in the U.S., where C4C ran out of money quickly, the UK scheme still had money left in ... Read more →

European scrapping schemes driving small car sales Jeremy Korzeniewski

- According to a new study by Jato Dynamics, the European automotive market may be rebounding ever so slightly from its alarming lows of early 2009. Though new car purchases are down by just ...

Hyundai reports 4,000 scrap car trades in UK, reveals some surprises Jeremy Korzeniewski

Governments all over the world have introduced Cash-For-Clunkers-style programs that are nothing if not controversial. While the stated intent of each of these schemes is to increase new car sales ...

Spain announces €2,000 scrappage plan Xavier Navarro

Following the in the successful footsteps of France's €1,500, Germany's €2,500 and Britain's £2,000 vehicle scrapping programs, Spain's Prime Minister José Luis ...

Production of Renault Twingo, other French minicars up thanks to scrappage plans Sebastian Blanco

German car sales shot up after that country started a plan that paid owners of old cars to scrap their rides and buy new ones. It worked so well that the UK and the U.S. quickly started thinking ...


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