Published

France Readies New Scrappage Plan

France is ready to propose a bevy of new scrappage programs designed to improve air quality by coaxing owners to turn in their old cars for new ones.
#regulations

Share

France is ready to propose a bevy of new scrappage programs designed to improve air quality by coaxing owners to turn in their old cars for new ones.

Energy Minister Nicolas Hulot tells the French daily newspaper Liberation that the offers will be part of the government’s budget due next week.

One scheme would offer incentives worth €500-€1,000 ($600-$1,200) to any citizen who is willing to replace a pre-1997 gasoline or pre-2001 diesel car with a cleaner new or late-model used vehicle. Such discounts currently are available only to low-income owners.

Another plans would grant consumers who opt to trade their old cars for new all-electric vehicles would be eligible for a combined €8,500 ($10,200) in incentives.

Hulot says next week’s proposals target about 3 million cars currently on the road in France. He predicts the plan if approved will replace about 100,000 of those vehicles in 2018.

RELATED CONTENT

Gardner Business Media - Strategic Business Solutions