EU PLOTS SUBSIDIES TO ENCOURAGE PURCHASE OF NEW CARS
January 1st, 2009
BY KEITH NUTHALL
THE CZECH presidency of the European Union (EU) has revealed a plan to offer subsidies to automobile consumers who want to replace their old models and buy new cars. It is the latest strand to emerge of the EU's strategy to help the European auto industry through its current tough trading conditions.
Speaking at the European Parliament, in Strasbourg, yesterday (Feb 4) Czech deputy prime minister Alexandr Vondra (NOTE: SPELLING IS CORRECT - NO SECOND 'E' IN ALEXANDR) said his government had told the European Commission to draft proposals for an ...
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