The reintroduction of European car scrappage schemes to counter slowing sales would provide a short-term boost to sales, but may be damaging in the long run, Fitch Ratings says. They could distort the market’s underlying trends and car makers’ product mix and future sales.
Responding to volume OEMs’ recent calls …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.