Monday, June 15, 2009

Spain and the Czech Republic have become the latest nations to offer car 'scrappage' incentives.

The Spanish government is offering €500 per car but wants the country's autonomous regions to make an additional contribution. The Czech scheme has two levels, with incentives of €1150 and €2300 depending on the kind of new car being bought. Both schemes have minimum CO2 emissions criteria, but environmental groups have criticised them for being too weak.