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Germany may extend successful scrapping program
Germany recently began a scrapping incentive program that gives buyers €2,500 to get rid of their old cars and buy new ones. The plan helped create a 21% jump in car sales during the month of February, even though the plan didn't take effect until February 20. It was the kind of success that has both the UK and the U.S. mulling over such a program, and has Germany considering doubling the incentive plan by adding another €1.5 billion of government money. The German government hasn't confirmed extending the scrapping program, and ... Read more →
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Germany may extend successful scrapping program 8 months ago on Autoblog
Germany recently began a scrapping incentive program that gives buyers €2,500 to get rid of their old cars and buy new ones. The plan helped create a 21% jump in car sales during the month of February, even though the plan didn't take effect until February 20. It was the kind of success that ...
Mazda creates disassembly line in wake of Cougar Ace capsizing 1 year ago on Autoblog
If you've ever smashed up a car in an accident, you've probably had the unpleasant experience of dealing with insurance agents who assess what can be saved and what has to be written off. In most cases, insurance companies might find ways to save as much as they can. But the insurers of the Cougar ...
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