In an interesting incentive to get automoter vehicle drivers to trade in their old rusted cars they are so desperaetly hanging onto in the economic slump, Citroen have enbraced the new Goverment incentive Scrappage Scheme. For those of you who dont know what that is or why they are doing it, or why the Goverment is so generously lending a hand, you only have to be reminded of a few of the eye opening satilite phtographics below.
These are massively over stocked car depots are old airport runways that are being used to store the overproduction of current generation cars, people just arent buying. Although these photos are not any specific company, and Citroen is not in nearly as much trouble as say, General Motors, Fiat, Ford, or Chrysler, its still fair to say that they must be feeling the pinch as well.
The compnay deals and goverment incentives to getting the general public excited about cars again is only just beginning, so be sure to check if you can benerfit from this scheme or future ones. Money is tight, but now might actually be the best time for a new car because of the cracking deals to shift the surplus.
Posted in Politics & Finance.
Tagged with cars, company, corporation, credit crisis, finance, financial.
By Penny
– May 19, 2009
i understand people are starting to highlight the fact that we have thousands of brand new cars sat doing nothing on unused airports, but we have had that for years. I do hope the scrappage scheme works and revitalises the automotive industry in this country