CANADIAN AUTO SECTOR PRESSES FEDERAL GOVERNMENT TO LAUNCH SCRAPPAGE SCHEME TO REVIVE COVID-19 DAMAGED MARKET

CANADA’S automotive industry associations are pressing the Canadian federal government to launch a scrappage scheme to help the country’s automotive market out of its Covid-19 related slump. The Canadian Automobile Dealers Association (CADA), the Global Automakers of Canada (GAC) and the Canadian Vehicle Manufacturers’ Association (CVMA) have made a formal proposal that the government subsidises automotive consumers by between CAD1,500 and CAD3,000 when they trade in an old vehicle and replace it with a new model. Chief economist Oumar Dicko told wardsauto ...


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