A
"scrappage scheme" is a program where a government or organization offers financial incentives to encourage people to trade in their old vehicles for newer, more environmentally friendly ones.
Full definition
[89] Further measures worth # 5 billion — including training for the young unemployed and a
car scrappage scheme which offered a # 2,000 subsidy for the purchase of a new car in exchange for the scrapping of a car more than 10 years old — were announced in the 2009 budget.
Any
new scrappage scheme, or low - interest loans aimed at getting drivers out of older cars, would also provide a boost for models with new small - capacity turbo petrol engines; Peugeot, Citroen and Renault have all recently launched such petrol engines.
Funds set aside for national charging network and technological research, but lack
of scrappage scheme disappoints
The brand's UK sales increased by 83 % in August compared with the same month in 2016, with its recently
launched scrappage scheme and demand for the GS labeled as key catalysts for this growth.
«Removing generations of the most polluting vehicles will have the most immediate positive effect on air quality, and this
Ford scrappage scheme aims to do just that.»
However, some — including the Mayor of London Sadiq Khan, argue that the charge is not enough to combat air pollution, calling for the introduction of a nationwide
diesel scrappage scheme and introduce a new Clean Air Act to provide a clear and overarching framework for action.
Like Government - sponsored
car scrappage schemes, SF Engineering are giving an allowance of # 13,000 ($ 15,000) for old portion cutting machines against a new Marelec Portio.
«Despite the positive impact of various national
vehicle scrappage schemes, the overall trend is still negative and the underlying market is week,» Sviggum said in a statement.
I don't think we were too weak to deal with the financial crisis... We were strong enough to cut VAT, strong enough to support the car industry with a car
scrappage scheme.
This will be done in the same manner as the car
scrappage scheme.
The small sample (518) backs the 50p tax rate by a large majority and also supports the new allowance for savers,
the scrappage scheme for old cars and the increase in alcohol duty.
However, further budget backing for greener vehicles was limited to a small rise in vehicle excise duty for new diesel cars that fail to meet rigorous emissions standards — disappointing campaigners who had hoped for a rise in fuel duty or a diesel
scrappage scheme.
Announcing an extension of the car
scrappage scheme, Mandelson pledged his full, undivided attention and loyalty to the prime minister until the party was back on top.
«The Mayor is playing his part, now government must too by taking on board calls for a diesel
scrappage scheme and a new Clear Air Act fit for the 21st Century.»
Labour's London Assembly Environment Spokesperson, Leonie Cooper AM, criticised the last Mayor's failure to reduce the number of diesel cars in the capital and said the government were «running out of opportunities to bat away calls for
a scrappage scheme».
«The chancellor's announcements on tax,
the scrappage scheme and employment puts Labour back on the side of working families.
65 % supported the increase in the ISA limit, 58 % supported the stamp duty holiday, 47 %
the scrappage scheme.
A scrappage scheme that will pay people # 400 to replace old boilers with new ones has been announced in Chancellor Alistair Darling's pre-budget report.
A diesel
scrappage scheme is also on the cards, allowing car buyers to trade in their old diesel cars in return for a discount off a new, low - emission vehicle.
Specifically, Mr Hammond made no comment on the expected introduction of a diesel
scrappage scheme.
Phrases with «scrappage scheme»