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New cars bought through the UK’s scrappage incentive scheme , which began in May, emit on average 10.9% Scrappage buyers were also three times more likely than average to buy the smallest class of car—minis such as the Smart Fortwo—and a third more cars bought through the scheme were larger superminis such as the Hyundai i10.
Dingell, Congresswoman Betty Sutton, Congressman Jay Inslee, and Congressman Bart Stupak reached an agreement on a “Cash for Clunkers” scrappage program. There will be a finite number of these vouchers, based on this vehicle class’s market share. Waxman, Subcommittee Chairman Edward J. Markey, Chairman Emeritus John D.
Vehicle replacement schemes such as the “cash for clunkers” program in the US and the “scrappage scheme” in the UK have featured prominently in the economic stimulation packages initiated by many governments to cope with the global economic crisis—at least 13 countries have deployed such schemes. —Kagawa et al.
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