Monday, May 30, 2011

Cash For Clunkers

Japan Cash For Clunkers:

Germany

U.S.

In Germany, incentives totaling 5 billion euros ($6.4 billion) for buyers of new vehicles who turned in old ones boosted sales 23 percent last year, according to the VDA auto industry association. Without further subsidies, new car registrations in the country slumped 29 percent in the first seven months of 2010, according to the association.

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