topics
tools
Expatica countries
Index Last Var.(%)
BEL 20 2117.66 -0.08
DAX 6323.19 -0.26
IBEX 30 6401.2 -2.17
CAC 40 3042.97 -0.16
FTSE 100 5356.34 0.09
AEX 292.76 0.00
DJIA 12454.83 -0.60
Nasdaq 2837.53 -0.07
FTSE MIB 13057.26 -0.74
TSX Composite 11566.15 -0.09
ASX 4155.3 0.85
Hang seng 18877.81 0.41
Straits Times 2797.99 0.39
ISEQ 20 501.76 0.16
You are here: Home News Dutch News Trade-in incentive slow to boost Dutch car sales

Dutch News

archive
Enlarge font Decrease font Text size


03/06/2009Trade-in incentive slow to boost Dutch car sales

The trade-in incentive introduced on Friday is too little to stimulate car sales, say car dealers.

The Netherlands – The Dutch trade-in incentive for old cars which went into effect on Friday has yet to stimulate a large increase in sales.

While some may say it’s too early for the incentive to lead to an increase in sales, car dealers are complaining the discount is not enough to stimulate car sales. 

In an interview with Dutch Business News Radio, two car dealers said the discount is too little to stimulate car sales, which have fallen in recent months in the Netherlands.

Both dealers opened their dealership on Whit Monday - a public holiday - but had few customers.

Under the new scheme, car owners can trade in their old vehicle for a discount of up to EUR 1,700 for a newer one. The new vehicle must meet certain environmental standards for the trade-in discount to apply.

The programme is funded partially by the Dutch government and the auto industry which have set aside EUR 65 million and EUR 20 million respectively.

Meanwhile, a similar programme in Germany has proved to be a success as car sales rose 19 percent in April compared to the same month last year. The German scheme offers a EUR 2,500 euro incentive for trading an old car for a new one.

In the UK, more than 35,000 cars were sold in April and May under a trade-in scheme offering a discount of GDP 2,000 pounds (EUR 2,320).

Radio Netherlands / Expatica


0 reactions to this article

Be the first person to add a comment

General rating: Not rated yet

Rate article:    Add my rating



0 reactions to this article

Be the first person to add a comment
Discussion Forums

Americans in the Netherlands

reporting birth abroad

Relocating to the Netherlands

Taxation on Rental Apartments!

Housing in the Netherlands

Taxation on Rental Appartments?

Discuss Dutch Culture

High-quality fake passports, driver's licenses, ID

English in the Netherlands

Moved to Hengelo

participate in the forums

Inside Expatica
Setting up home in the Netherlands

Setting up home in the Netherlands

A guide to telephone, internet and television along with utility services water, electricity and gas in the Netherlands.

Dutch immigration and residency regulations

Dutch immigration and residency regulations

Lost in the Dutch immigration system? Look no further than this guide compiled for our Survival Guide 2012.

A brief introduction to the Netherlands

A brief introduction to the Netherlands

Expatica offers a whistle-stop tour of life in the modern Netherlands.

Giving birth in the Netherlands

Giving birth in the Netherlands

The challenges and benefits of the maternity system in the Netherlands and how it differs to other countries.