When legislators in the United Kingdom decided to introduce its Cash for Clunkers program, it was widely suggested that older, fuel-guzzling vehicles would be removed from the road in favor of the latest crop of clean, green, fuel efficient cars and trucks. As is often the case, reality isn't so cut-and-dry.
U.k. Car Scrapping
Encouraged by the success that Germany has enjoyed in spurring new car sales through its vehicle scrapping program, officials for the Society of Motor Manufacturers and Traders in the United Kingdom are pushing their government to institute a similar plan as quickly as possible. Sales in the UK were down nearly 22% in February and are off by almost a third so far in 2009. Germany, on the other hand, managed to score a sales increase of 21% last month due in large part to incentives that pay new