Britain Mulls Auto Trade-In Program

Britain has indicated it may be the next to join a growing list of European governments that have launched special stimulus programs aimed at shoring up a flagging automobile sector. The Times of London reported on Sunday that British Chancellor of the Exchequer Alistair Darling plans to present a draft of a "scrapping scheme" modelled after Germany's successful cash for clunkers program when he presents his budget on April 22.

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