Wednesday, September 2, 2009

France extends the cash for clunkers "mode for the next two years

French Economy Minister, Christine Lagarde, said that the Economic and speaker-for-prime à la deng scheme should be extended for another two years.

The original plan was to phase out the program before the end of this year, but the government believes that the passenger

car market will probably crash if the stimulus euro has now been withdrawn.

To € 1000 grant from the government, the French buyer car to replace an old car which has CO2 emissions below 160 g / km. Lagarde said the program has contributed to date, the producers mainly French and removed about 330.000 clunk from the road