The Government's decision to extend its popular car scrappage scheme is good news, but the car industry will still need further market support.
The extension is designed to ensure all the allocated funding for the scheme is utilised. With £70m still unspent from the Government’s half of the fund – enough for another 70,000 vehicles – the scheme will now run to 31 March or until the money runs out. The scheme, under which buyers of new vehicles…
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