60,000 orders for cars in scrappage scheme

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More than 60,000 orders for cars under the UK’s scrappage subsidy scheme have been placed since the initiative was announced, new government figures show. Car buyers are given a £2,000 discount on a new car if they scrap one that is at least 10 years old. Business Secretary Lord Mandelson said the scheme had given the carmaking industry the boost it needed. The scrappage scheme was announced at the end of April and the latest figures cover orders from then until 7 June.
Source BBC Business News