German Car Sales Up 19 Percent in April

German Car Sales Up 19 Percent in April
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The German government’s incentive plan to get its citizens buying cars continues to be a success with sales of new vehicles up 19 percent over the same period last year. In total 380,000 units were sold, as people cashed-in on the government’s scrappage plan that provides 2,500 Euros (or roughly $3,200) towards a new vehicle… Continue Reading...

Germany’s Bailout Plan Includes $3,200 To Buy A New Car

Germany’s Bailout Plan Includes $3,200 To Buy A New Car
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Trust the Germans to do something right. When the German government recently passed its own economic bailout plan, they created a way to boost the German car market through an incentive that is genuinely enticing. Rather than offer small tax cuts or mild incentives, the German government is guaranteeing 2,500 Euros (roughly $3,200) towards anyone… Continue Reading...