Berlin Rejects Expansion of Car Subsidy Scheme

Author (Corporate)
Series Title
Series Details 12.2.09
Publication Date 12/02/2009
Content Type

The German government has turned down demands from the car industry to extend beyond 2009 a controversial €2,500 premium paid to drivers who scrap their old cars and buy new or one-year-old vehicles.

Source Link http://www.dw-world.de/dw/article/0,,4022047,00.html
Related Links
ESO: Background information: Sarkozy to unveil details of €6bn car aid http://www.europeansources.info/record/france-opts-for-e6bn-car-bail-out/
ACEA: News: Economic turmoil hits vehicle makers hard http://www.acea.be/index.php/news/news_detail/economic_turmoil_hits_vehicle_makers_hard/

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