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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. With General Motors and Chrysler also showing signs of modest improvement, all looked rosy.

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The Budget 2009 - working towards sustainable transport

Green Cars News

Introducing a vehicle scrappage scheme. Other detail changes from 6th April 2011 include: Drivers of Euro IV diesel cars registered before the 1st January 2006 are currently taxed at the same percentage rate as drivers of cars fitted with a petrol engine. Vehicle Scrappage Scheme. Confirming future increases in fuel duty.