Spain Says No to 2000E Extension

MADRID – Industry Minister Miguel Sebastian throws cold water on the auto industry’s bid to have Spain’s 2000E Plan extended, telling auto makers on hand for the first Eco and Electric Auto Show here it would make no sense to continue the scrappage incentive beyond its planned expiration.

“Many of the countries (that) implemented similar subsidies plans have now finished them, and the extension of the current 2000E Plan should be coordinated with the rest of the (European ...