Mexican Cash-for-Clunkers program announced, only brands built in country are eligible
New car buyers will be given 15,000 pesos ($1,100 U.S.) for the cars they turn over to recycling depots or junkyards, and they can apply that to cars worth up to 160,000 pesos ($11,760 U.S.). Eligible vehicles include those built in Mexico or imported by any of the seven companies that have assembly plants in the country.
[Source: El Universal (translated)]
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