|Date Ended:||31 December 2009|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Grants and subsidies|
|Agency:||Ministry of ecology, energy, sustainable development and urban planning|
|Funding:||EUR 220 million (estimated)|
A temporary measure implemented as part of Frances economic stimulus plan, the EUR 300 bonus for scrapping a vehicle over 15 years old provided under the Bonus-Malus scheme has been expanded. From December 2008 to December 2009, the EUR 300 bonus has been increased to EUR 1000 and expanded to vehicles over 10 years old. New cars purchased must still meet maximum emissions limit of 160 gCO2/km. The scheme is also expanded to light commercial vehicles, applying when a new vehicle is purchased and an old one scrapped. No CO2 emissions requirements apply to the purchase of a new light commercial vehicle.
Last modified: Tue, 29 Apr 2014 14:30:11 CEST