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February 5, 2009

Germany pays drivers to crush their old cars

  • The goal is to help Europe's largest economy by promoting big-ticket consumer purchases and the environment at the same time.
    • By GEORGE FREY
    AP Business Writer

    FRANKFURT — Crush your old jalopy. Get eruo2,500 ($3,250) toward a new, environmentally cleaner vehicle.

    The offer is getting car shoppers' attention in Germany, where it is part of a euro50 billion ($67 billion) government stimulus plan.


     
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