FRANKFURT, March 27 (Reuters) - The German state subsidy that pays owners of old cars 2,500 euros to scrap their clunkers if they buy a new car in exchange is giving the domestic market a boost while helping to cut carbon dioxide (CO2) emissions. The German auto importers' association VDIK said on Friday that the new car market grew at a double-digit percentage rate in the first quarter despite severe declines in other developed countries. Average CO2 emissions for all newly registered ...
Premium Content (PAID Subscription Required)
"Scrapping bonus lifts German car sales, cuts CO2" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.