Marchionne Asks EU to Gradually Reduce Incentives
30 Sep 2009, 09:57 UTC · By: Bogdan Popa / Fiat Chief Executive Sergio Marchionne thinks the European countries offering scrappage incentives should gradually reduce them in the next two years and allow the industry to deal with overcapacity...
France Might Extend Scrapping Incentives
1 Sep 2009, 13:44 UTC · By: Bogdan Popa / Similar to other countries around the world, France has established a scrapping scheme supposed to boost new car sales and maintain the local carmakers above the floating line. Obviously, the campai...
Mexican Cash for Clunkers Still Disappointing
21 Aug 2009, 10:56 UTC · By: Bogdan Popa / The success of the US Car Allowance Rebate System wowed everybody around the world so other countries are trying to follow the American example in order to revive their local auto sectors. Unfortuna...
Hyundai Offers Scrappage Money in Canada
21 Aug 2009, 08:53 UTC · By: Bogdan Popa / Following a remarkable success recorded in the scrapping schemes established by both the United States and the United Kingdom, the South Korean automaker Hyundai is looking to maintain the same high...
Dacia, Fiat and Hyundai April Sales Go Up Thanks to Scrapping Bonus
15 May 2009, 12:36 UTC · By: Tudor Raiciu / Inexpensive subcompact and compact cars have succeed in the difficult month of April where luxury models and SUVs have failed. Carmakers such as Fiat, Hyundai and Dacia have governments to thank for...
UK Government Approves £5,000 Incentive Program
16 Apr 2009, 14:59 UTC · By: Bogdan Popa / We all know that governments around the world are willing to support the struggling automakers, but it simply seems like the United Kingdom is really keen on this. The British authorities today appr...