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 ...
Premium Content (PAID Subscription Required)
"UK's car scrappage scheme ends after boosting sales" 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!
Current subscribers, please login or CLICK for support information.