150,000 Cars Sold Through UK Scrappage
11 Aug 2009, 09:24 UTC · By: Bogdan Popa / Scrappage schemes brought significant changes all over the world, as governments encouraged buyers to purchase new and greener models with cash vouchers offered in exchange for trading-in old cars. ...
Kia and Hyundai Offer Incentives to Fired Employees
3 Aug 2009, 11:12 UTC · By: Bogdan Popa / Kia and Hyundai are trying a different approach in South Korea, a country which now faces gloomy predictions when it comes to new car sales in the upcoming months. The government recently shut down ...
Japanese Carmakers Lose Ground in Europe
24 Jul 2009, 10:27 UTC · By: Bogdan Popa / While some automakers are simply jubilating after posting very high sales thanks to European scrappage schemes, Japanese companies are still losing ground on the Old Continent as they fail to take a...
First Trade-in Car in the US CARS
3 Jul 2009, 07:47 UTC · By: Bogdan Popa / The United States government's “Car Allowance Rebated System' (CARS) is already attracting buyers into dealerships. Hyundai is the first to benefit from the scrapping programme as Ka...
Kia Confirms 11 Models Eligible for US CARS
28 Jun 2009, 09:33 UTC · By: Bogdan Popa / After the United States government approved the Car Allowance Rebate System (CARS), automakers selling cars in the country rushed to announce their very own models participating in the scheme. The g...
Hyundai Takes the Lion's Share in UK Scrapping Bonus
19 Jun 2009, 10:54 UTC · By: Bogdan Popa / There's no doubt the government incentives help automakers around the world boost their sales but in the United Kingdom, the battle is getting fiercer with every new day. Hyundai has managed to...
Suzuki Pleased with UK Scrapping Scheme
11 Jun 2009, 14:15 UTC · By: Bogdan Popa / The United Kingdom government scrappage scheme is helping most automakers selling cars in the country, including Suzuki who recorded much more deliveries compared with the apogee of the economic rec...
Mitsubishi Debuts 5-Year Scrappage Programme
27 May 2009, 13:03 UTC · By: Bogdan Popa / Just after the United Kingdom announced government incentives for people who are willing to give up their old car in exchange for a new and less-polluting vehicle, Mitsubishi goes one step further a...
Spain's Support? Not Enough, Says Citroen
7 May 2009, 13:12 UTC · By: Bogdan Popa / Citroen Managing Director Jean-Marc Gales calls for more support in Spain because the local government hasn't done enough to help automakers tackle the economic chaos. The statement was made du...
Germany Scrapping Bonus Could Turn into Organized Crime
4 Feb 2009, 11:25 UTC · By: Madalina Iancu / In an effort to increase new car sales and save the environment as well, the German government decided upon a new measure to pay owners of old cars €2,500 to junk their clunkers. But since noth...