Market incentives and car scrapping schemes could help EU
countries soften the impact of recession, according to the European
Automobile Manufacturers’ Association (ACEA).

The Brussels-based organisation, which represents European car
and commercial vehicle manufacturers, said that fleet renewable
programmes have generated additional sales in all countries in
which they were adopted, and should therefore be extended to all 27
EU member states.

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Citing successful cases like Germany, where new car
registrations increased by 30 percent in February, the association
said that the schemes should consist of sufficiently high scrapping
incentives for old vehicles – Euro0, Euro1 and Euro2 – and specific
measures to promote the sale of commercial vehicles.

ACEA also said that the EU Commission should investigate how
fleet renewal schemes could be financed through EU funds, and that
member states should take “additional measures” to improve access
to liquidity and financing of investments in clean and
fuel-efficient technologies.