The British government’s car-scrappage scheme, which ended last month, is credited with helping up to 400,000 consumers buy new cars and save 4,000 jobs in the auto industry across the U.K. The 10-month scheme was designed to deliver a boost to the industry at the height of the global economic crisis, offering a £2,000 ($3,024) grant to scrap an old car in exchange for a new one. “The figures show this scheme gave vital support, boosting demand when the industry needed it most, helping ...
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