CarBuyersNoteBook » vouchers http://www.carbuyersnotebook.com A Car Buyers NoteBook Sat, 20 Mar 2010 03:08:53 +0000 http://wordpress.org/?v=2.8.4 hourly 1 Britain Brainstorming Car Scrap Plan http://www.carbuyersnotebook.com/britain-brainstorming-car-scrap-plan/ http://www.carbuyersnotebook.com/britain-brainstorming-car-scrap-plan/#comments Mon, 13 Apr 2009 04:01:33 +0000 Brian http://www.carbuyersnotebook.com/?p=6696 In a move to do away with the old and in with the new, Britain is on the threshold of devising a plan to entice local car owners to trade in their old cars for new ones. The scheme would probably involve payments of £2,000 vouchers to scrap vehicles that are more than nine years old and offer discounts on new more environment friendly cars.

The plan is designed to boost demand for new cars and help UK’s motor industry which is suffering during the recession. Austria, Portugal, Germany, Italy, Spain and France are among countries that have started such a plan.

Many British ministers are pessimistic about the proposed car scrap scheme as they believe that the plan would mainly benefit countries like Germany and France that produce many of the cars that are sold in the UK. UK car producers say that the plan could generate demand for up to 250,000 new cars.

(Source) Press TV

Tags: brainstorming, car owners, car producers, car scrap, Germany, Italy, new britain, new cars, old cars, recession, scrap plan, spain, uk car, vouchers

Related posts

]]> http://js-kit.com/rss/www.carbuyersnotebook.com/p=6696 0