Some 7,000 cars sold in Russia since car scrapping program launched | Top Russian news and analysis online | ‘RIA Novosti’ newswire: “Russian dealers have sold some 7,000 cars as part of a new car scrapping program since it was launched a week ago, an Industry and Trade Ministry official said Tuesday.
Following the example of many Western countries, Russia launched a program on March 8 offering 50,000 rubles ($1,680) for the recycling of old vehicles in a bid to support Russia’s ailing car industry.
‘Last week some 7,000 were sold in line with this program,’ Alexei Rakhmanov, the head of the ministry’s automotive industry department, said, adding that most applications (54%) were for Russian-made Lada cars.”