UK's car scrappage scheme ends after boosting sales

Newswire

LONDON, March 31 (Reuters) - Britain's vehicle scrappage scheme brought in last year to boost consumption and protect jobs ends on Wednesday after contributing to a fifth of new car registrations since its launch, the government said. The scheme, similar to those introduced in the United States, France and other countries to offset the impact of the economic downturn, gave motorists 2,000 pounds ($3,007) to trade in cars more than 10 years old for new, more fuel-efficient vehicles. The ...

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