Sentence examples for scrapping scheme from inspiring English sources

A car scrapping scheme will offer a £2,000 discount on new cars when vehicles over 10 years old are traded in.

Last February, Berlin launched a subsidy, known as "scrapping scheme" that pays car owners 2,500 euros ($3,310) to get rid of cars at least nine years old if they buy a new model from any automaker in exchange.

The German government by contrast has put proportionally more money into economic stimulus policies like short-term working schemes to help keep people in work and heavy investment in a car scrapping scheme.

The group below 10 m LOA was reduced by 62percentt in the period; the main reason for the reduction in the number of vessels is removal of inactive coastal vessels from the register and the scrapping scheme.

Their version of localism seems to be directing funds towards councils and waiting for them to fail so they can justify scrapping schemes.

Neil Shearing of Capital Economics, a consultancy, reckons that German and other scrapping schemes to boost car sales will add fully 1% to GDP in Slovakia, and 0.5% in the Czech Republic and Hungary.The biggest worry now is the Baltic three, which are seeing the sharpest falls in GDP.

Scrapping schemes, or the European version of the U.S. "cash for clunkers" program, have been introduced continent-wide, slowing losses within the auto sector in France while boosting sales in Germany.

"Our bias is to think that production in the fourth quarter may not improve significantly versus the second quarter of 2009 given risks of a volume slowdown in Western Europe as the appetite for scrapping schemes moderates, especially in Germany," JPMorgan wrote.

About £26m of additional cash has been paid for early engineering work for the now abandoned White Rose scheme in Yorkshire originally led by the power company Drax, and a further £3m for the scrapped scheme at Peterhead in north-east Scotland, in which Shell was involved.

"Their roads investment record has been a chaotic series of U-turns – they claimed to support investment, but cut £4bn in planned investment and scrapped schemes in 2010, only to promise to restore them again after 2015," he says.

But the picture remains grim for the mass market, despite a pickup in demand thanks to government scrapping schemes across the continent, JPMorgan said.