Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. The practice of scrapping something
  • n. An amount of money paid by the government to a person trading-in an old car (that will be scrapped) for a more environmentally-friendly new one

Etymologies

Sorry, no etymologies found.

Examples

  • Business Secretary, made a £270 million loan guarantee to General Motors to ensure that the American With less than four weeks to go to the end of "scrappage" - the Government's subsidy scheme to save the industry - the question now is: what happens after the end of By Brian Harper, National PostMarch 5, 2010 5: 06 AM Although European countries have had smaller, more fuel-efficient (primarily diesel-powered) vehicles for decades, the 80th

    WN.com - Articles related to Nissan says customers likely to lease batteries

  • Governments in Europe also implemented so-called scrappage programs that offered cash back to car buyers to promote the sale of fuel-efficient vehicles.

    Jaguar, Land Rover Steer Tata Motors to Profit

  • A so-called scrappage scheme during the financial crisis that offered subsidies for buying new cars in exchange for trading in ten-year-old vehicles ended four months ago.

    Yahoo! News: Business - Opinion

  • But the incentives, called scrappage programs in Europe, expired in Britain in March and are to be phased out in Spain, Italy and France throughout 2010, making it hard for Ford to stay on top.

    Freep.com - RSS

  • Radio industry ponders analogue 'scrappage' subsidy industry is considering a "scrappage" subsidy to persuade listeners to upgrade from analogue to digital.

    WN.com - Articles related to End of car scrappage schemes marks a tough year for manufacturers

  • Many European governments introduced so-called scrappage programmes, offering incentives to purchase new cars to help carmakers survive the financial crisis.

    French car market ends year on a high as bonus ends | Reuters

  • Government-sponsored consumer sales incentives -- called scrappage programs in Europe and similar to the U.S. "cash-for-clunkers" program of the summer of 2009 -- have largely expired.

    Ford sees drop in 2011 European auto sales | Reuters

  • The motor trade has also been energised by the government's so-called scrappage scheme that subsidises the cost of buying a new car if trading in an old model.

    Latest News - Yahoo!7 News

  • TORONTO - Ontario Premier Dalton McGuinty isn't ruling out a so-called scrappage program to boost sales of new cars in the troubled auto industry.

    Winnipeg Sun

  • Business minister Peter Mandelson is looking closely at the plan, called scrappage, and it could be announced in April's budget, The Times said on its website.

    Reuters: Top News

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Comments

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  • UK Budget Day and our Car Scrappage Scheme is born to boost our motor industry and our economy. Scrap a 10+yr old car and get £2000 towards a new one. Good news for all the countries we buy 80% of our cars from! (?)

    April 22, 2009

  • "I’m talking about the scrappage payments being proposed by almost everyone linked to the motor industry: the Society of Motor Manufacturers and Traders(1), most of the big car firms(2), the AA(3) and the unions. Lord Mandelson is said to be a fan(4). They argue that drivers should be paid around £2000 a head to scrap their old cars and buy new ones. As well as saving the jobs of hundreds of thousands of workers, this, they say, will catalyse a low carbon transport revolution. It’s bunkum."
    - George Monbiot, Scrap It, The Guardian, 10 March 2009.

    March 24, 2009