Scrapping bonus: the device is extended

October 27, 2009 - 1:47 pm Comments Off

Good news for car manufacturers but also for buyers. The payment of the scrapping bonus of 1,000 euros for motor vehicles delivered in 2009 will be extended to those purchased until December 31, even if delivery takes place in 2010, announced Minister of Industry, Christian Estrosi in Le Parisien this Friday.

Christian Estrosi was reported in mid-October that the government was studying the measure for the automotive industry, badly affected by the economic crisis.

"The customers who order a vehicle before December 31, 2009 will receive the premium of 1,000 euros even if the supply does in the first quarter of 2010," said Minister of Industry Parisien. One detail that is important. So far, it should be delivered and invoiced before the end of the year to receive 1 000 bonus for breaking.Otherwise, the buyer could not receive the premium reduced to 700 euro, applicable from 1 January, which has cooled many consumers.

He added: "Now is therefore the order date and not the billing date which is valid to qualify for the bonus. We wanted this change, first for it benefits the consumer, then to absorb more manufacturers to reduce the amount of the premium.

He also recalled that the premium would go to 700 euros in the first half of 2010 and 500 euros in the second.From 2011, "we will return to the previous situation with a bonus amounting to 300 euros," he added.

He said 400,000 vehicles have already benefited from the premium to scrap today and "we should reach 500,000 by the end of the year."

Christian Estrosi also believes that the super eco bonus will also be a strong incentive, "over the scrapping bonus, since buyers of clean vehicles that emit less than 60 grams of CO2 per kilometer will enjoy a bonus of 5,000 euros" .

Believing that the bonus had saved the French manufacturers, said he expected in return "a very strong solidarity with sub-contractors because they are the ones most affected by the crisis."

The Federation of Industries of equipment for vehicles (Fiev) said in mid-October that it expected a general decline in activity from 20 to 25% in 2009, after starting the year with production falling by almost 50%.

This reduction would result, she says, by a decline in enrollment this year included "in a range between 7 and 10%" of the 107,000 employees of the sector.

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