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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 ...
BREAKING: House, Senate reach terms on 'Cash for Clunkers' program - but only with $1B in funding Chris Paukert
According to The Detroit News, the House and Senate came to terms late last night on a $1 billion 'cash for clunkers' initiative. Part of a larger $106 billion wartime spending bill, the program is ...
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 ...
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Old vehicle scrappage program not just for cars in Deutschland 6 months ago on Autoblog Green
The popular German car scrapping scheme helped revive German car sales in the early part of 2009. The Germany city of Mannheim thinks that what's good for the four wheels is good for the two as well, and started a scrapping bonus plan for bicycles this past Saturday. It works like this: city ...
Production of Renault Twingo, other French minicars up thanks to scrappage plans 8 months ago on Autoblog Green
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 about putting similar plans in place. Automotive News Europe (subs req'd) gives us another reason ...
Trade in your old guzzler for cash in Canada 1 year ago on Autoblog Green
Not long ago we discussed used American guzzlers being shipped en masse to Mexico. In the comments that ensued many of you didn't really seem to have a problem with that despite the fact that pollution, not to mention CO2, knows no border and affects the lungs and lives of all of us. There are ...
New Zealand looks at higher scrappage rate to improve emissions, fuel economy 3 years ago on Autoblog Green
New Zealand wants to improve the overall fuel economy of the nation's vehicles, and scrapping older vehicles is part of the plan. Automakers say lawmakers need to take action rather than continuing to review and discuss more options. Besides restricting the age of imported used vehicles, officials ...
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