VW to offer buyer incentive for scrapping older German diesels
Reuters
Published Oct 18, 2018 03:18AM ET
VW to offer buyer incentive for scrapping older German diesels
BERLIN (Reuters) - Volkswagen (DE:VOWG_p) on Thursday said it will offer trade-in incentives and a bonus for scrapping older diesel vehicles in Germany, in a move to stave off driving bans in polluted cities.
VW will offer an incentive for customers who agree to scrap diesel vehicles equipped with older euro 1 to euro 4 engines, the carmaker said.
German Chancellor Angela Merkel and her coalition partners agreed earlier this month on plans to cut pollution from diesel vehicles by asking carmakers to offer owners trade-in incentives and hardware fixes.
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Written By: Reuters
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