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VW unveils trade-in scheme for British buyers
September 1, 2017 / 7:49 AM / 25 days ago

VW unveils trade-in scheme for British buyers

FRANKFURT, Sept 1 (Reuters) - German carmaker Volkswagen is launching a scrappage scheme for older diesel vehicles in Great Britian, the company said on Friday.

Through a new scheme designed to get older polluting cars off the road, potential buyers can get incentives of between 1,800 and 6,000 pounds ($2,324 and $7,747) for a new Volkswagen if they trade in an older vehicle.

For vehicles that are seven years old, or fitted with an engine conforming to the Euro 5 emissions standard, Volkswagen is offering up to 4,000 pounds off a VW Golf, or up to 10,000 pounds off an electric Golf when combined with a British government grant.

A similar trade-in scheme exists in Germany. Volkswagen has come under pressure to clean up emissions ever since it admitted two years ago to cheating pollution tests using manipulated engine management software. ($1 = 0.7745 pounds) (Reporting by Edward Taylor; Editing by Georgina Prodhan)

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