PARIS – A new French incentives program intends to push car buyers toward vehicles that burn less fuel. Known as “bonus/malus,” the scheme rewards buyers of high-mileage cars with a discount of up to E1,000 ($1,466), which will come from penalties of up to E2,600 ($3,810) collected from owners of gas hogs. “This will help us and Peugeot, Citroen and Fiat,” says Jacques Chauvet, Renault SA director of sales and marketing in France. The four brands are Europe’s leaders in high-mileage ...
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