VIENNA – Russia will extend a car-scrapping incentive as part of its effort to boost domestic demand, committing another RR10 billion ($323.7 million) to the program for 2010. “I believe it is necessary to increase the financing of this program,” Prime Minister Vladimir Putin says at a government meeting Thursday. But Putin also asks for “proposals for a smooth exit from the program next year.” Under the scheme launched in March, owners trading in cars that are at least 10 years old on ...
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