France changes vehicle scrappage plan rules, gives Tesla buyers an effective 20 discount
Starting in 2010, buyers of cars with CO2 emissions between 116 and 125 g/km will get a €200 clunkers bonus; those that emit between 96 and 115 grams qualify for €500, and only cars that daintily spew between 61 and 95 g/km get the maximum €1,000 bonus from the French Government. The smart fortwo cdi produces just 88 g of CO2 per km.There are two other models that qualify for a special maximum bonus: a subsidy worth 20 percent of the value of the car. These are the Tesla Roadster and the Reva, which both fall into the "less than 60 g/km" category.
France's southern neighbor, Spain, has decided to carry on its current scrappage plan, although it will be limited to €100 million in total awards. This fund is expected to run out next summer. Spain's program offers a €1,500 bonus to new car buyers, plus €500 for cars emitting less than 120 g/km CO2.
[Source: Le Blog Auto, El País]
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