'Scrapping Bonus' Is a Boost for Car Sales ; Engineering

Summary


THE German government's "scrapping bonus" where people are offered [currency] 2500 (Pounds 2231.9) to junk cars nine years old or more if they buy a new vehicle, seems to be working.

A host of carmakers have reported a boost to sales this month as the innovative fiscal stimulus measure kicked in.

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Extract


'Scrapping Bonus' Is a Boost for Car Sales ; Engineering

Volkswagen reached its highest sales e...

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