Cash for Clunkers Program Extended to Year-End

Cash for clunkers has boosted sales of Russian cars by a third in the past year, mostly benefiting AvtoVAZ. Ending the automobile scrappage program should not impact the automotive industry, Deputy Industry and Trade Minister Andrei Dementyev said. “I’m hoping we will reach a pre-crisis level of car production this year, and the cancellation of the scrappage program will not have any […]