Related
Putin finds it tough to start a Lada 
MAN moves into Russia 
Saab CEO retires as Spyker issues shares 
Renault spies not spies after all 
Carmakers outline Russian plans for tax breaks A scrappage scheme has started in Russia to try to boost new car sales.
The government is offering 200,000 vouchers – each worth 1,200 euros – to people who scrap their old car and buy a new one built in Russia.
Sales in Russia reportedly slumped by 56 percent last year to 1.4 million vehicles.
However there are concerns that corruption and red tape may undermine the scheme.
More about: Car industry, Industry, RussiaCopyright © 2012 euronews
Top Stories
Greece govt stuck between protesters and troika
Another wave of protests has erupted in Greece as the government cannot seem to please the people or the eurozone finance ministers. There were angry scenes in Athens on Friday as protesters threw missiles at police during the first day of…
Syria: 25 killed in Aleppo blast
At least 25 people have been killed following a twin bomb attack in Syria.
The violence has now…
India and EU: Free-trade agreement close
Leaders from the EU and India have made “substantial progress” towards a free trade…
latest economy news
Greece pulls down financial markets again- German inflation stayed at 2.1% in January
- ECB noncommittal on helping Greece
- Costlier food boosts Chinese inflation
- Complex path to Greek bailout agreement
- Europe slips deeper into debt, but eurozone improves
- Gas grumbles heat up in bitter cold
- Greece: reform struggles or death throes?
- After Arab uprisings, bleak economic future looms
- Solid US job growth for start of 2011
euronews on facebook
