[Sosfbay-discuss] car scrapping

[Eric A. Meece]

It might be a great idea if they are swapping old cars for plug-in 
electrics, etc.
Eric M

----- Original Message ----- 
From: "Jim Doyle" <j.m.doyle at sbcglobal.net>
To: "sosfbay discussion group" <sosfbay-discuss at cagreens.org>
Sent: Thursday, April 09, 2009 7:05 PM
Subject: [Sosfbay-discuss] car scrapping


>I first heard of something similar in a report of a letter to the editor.
> Originally I thought it was a little bit off the wall although it sounded
> to me like a good idea in principle.
>
> Now look at what there is in other parts of the globe
> http://www.presstv.com/detail.aspx?id=90905&sectionid=3510213
>
> Thu, 09 Apr 2009 07:49:52 GMT
> The German government increases the budget for its car-scrapping plan
> with goal of turning over up to two million cars, not just 600,000.
>
> The government will triple the amount of money it originally set aside
> from 1.5b to 5b euros under a program which has been welcomed in the
> country.
>
> The new car purchase incentive scheme came amid signs that the German
> economy still suffers from the contraction of international demand, as
> new figures show the country's exports continued to fall for the fifth
> month in a row.
>
> The 2,500 euro bonus is for car owners who scrap cars at least nine
> years old and buy new ones. It was set up earlier this year in order to
> boost the country's auto industry as part of a wider 50b euro economic
> stimulus.
>
> The number of applications for car-scrapping in Germany increased by the
> end of last week to 1.2 million. The government meanwhile announced that
> the program would be expanded, but has not yet clarified the details.
>
> The German car industry, like those in many other countries, has been
> attempting to deal with a decrease in sales during the economic recession.
>
> Scrapping schemes are now in operation in Austria, Portugal, Italy,
> Spain and France, while the UK is reportedly looking into a similar
> program.
>
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