Berlin hit by cost of car incentive scheme

Author (Person)
Series Title
Series Details 8.4.09
Publication Date 08/04/2009
Content Type

Feature looks at the 'success' of the German scheme to encourage German consumers to exchange old for new cars. The scheme wil cost the government far more than it had budgeted for. A related effect is to help car manufacturers in Eastern European countries as well as in Germany and elsewhere.

On the 8 April 2009 the German government announced further funds to be devoted to the programme.

Related Links
BBC News, 8.4.09: German car scrap scheme expands http://news.bbc.co.uk/1/hi/business/7989583.stm
Deutsche Welle, 8.4.09: Germany extends new car subsidy program http://www.dw-world.de/dw/article/0,,4160627,00.html
ESO: Background information: Germans flock to car showrooms http://www.europeansources.info/record/germans-flock-to-car-showrooms/

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Countries / Regions