The US government has unveiled details of its car scrappage scheme, aimed at persuading owners of “gas-guzzling” cars to exchange them for greener ones.
The $1bn programme, which runs until 1 November, offers vouchers worth up to $4,500 for people scrapping vehicles that do fewer than 18 miles per gallon.
They must buy a new car with a rating of at least 22 mpg or a light truck that manages at least 18 mpg.
Similar schemes in Europe have helped ailing firms sell more cars.
The carmaking industry has suffered worldwide from the economic downturn, which has pushed two of the big three US auto firms into bankruptcy protection.
Source: BBC News
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