PARIS (Reuters) - Carmakers are ready to contribute financially to an expanded trade-in programme to get older, polluting vehicles off the road, French Finance Minister Bruno Le Maire said on Monday after meeting executives from Renault (PA:RENA), PSA Group (PA:PEUP) and other manufacturers.
The government is also pushing for some second-hand car sales to be eligible for the industry-funded incentives, along with electric and hybrid vehicles, Le Maire said, adding that a final decision would be taken by the end of November.
In return, the government would agree to extend its own trade-in subsidies currently applied to older diesel vehicles, which is already oversubscribed, the minister said.
In the wake of the Volkswagen (DE:VOWG_p) dieselgate scandal, France, Germany and other European countries are drawing up measures to curb emissions of carbon dioxide and toxic nitrogen oxides from vehicles already on the road.
