Monday, August 03, 2009
US puts more cash into its scrappage scheme as initial $1bn runs short
Huge demand has spent almost the total $1bn provided in the US scrappage scheme in its first month.
The US Government is now proposing to inject a further $2bn into the scheme.
It offers rebates of $3,500 or $4,500 to US motorists with old cars or trucks who trade them in for a new, more fuel efficient, vehicle.
DATED: 03.08.09
FEED: AM
