German car scrapping bonus about to run out

Newswire

FRANKFURT, Sept 2 (Reuters) - German incentives that pay motorists 2,500 euros ($3,590) to scrap old cars if they buy new ones -- a major factor in a car sales boom this year -- will run out as soon as Wednesday.

There was enough money in the 5 billion euro pot to finance 4,169 more applications, the Bafa government agency that runs the programme said.

It said it would update the number every half hour on its

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