Quotas Imposed for Car Scrappage ; Money Due to Run Out Next Month

Daily PostJanuary 15, 2010

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Summary


THE Government is to introduce a quota system to motor manufacturers for the rest of its car scrappage scheme after revealing today that more than threequarters of the pounds 400m budget has been used up.

Funding for fewer than 82,000 new vehicle orders is left for motorists, with the money due to run out at the end of next month.

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Extract


Quotas Imposed for Car Scrappage ; Money Due to Run Out Next Month

The Business Department said it will allocate order quotas to manufacturers, based on b...

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