• Germany edition

Abwrackprämie

The following articles have been tagged with "Abwrackprämie":

'Stresstest' is German word of the year

Society: 16 Dec 11
The Society for the German Language (GfdS) has decreed that three of the top five most important German words of 2011 are related to the economy, settling on Stresstest as the big winner. READ »

‘Wutbürger’ named word of the year

Society: 17 Dec 10
The German Language Society (GfdS) on Friday crowned Wutbürger, or “enraged citizen,” as the most important German word of 2010. The choice reflected a year in which the angry masses took to the streets in protest of several issues. READ »

Politicians want car scrapping money back

Business & Money: 3 Aug 10
In light of the auto industry’s buoyant earnings, politicians from the ruling coalition suggested Tuesday that companies repay money they earned during the government-sponsored “cash for clunkers” stimulus programme. READ »

'Abwrackprämie' named word of the year

Society: 18 Dec 09
The Society for German Language (GfdS) on Friday crowned Abwrackprämie, or “wrecking premium,” the most important German word of 2009. READ »

Car dealers offer discounts to counter ‘cash for clunkers’ lull

Business & Money: 8 Oct 09
Grappling with the end of the popular “cash for clunkers” government stimulus programme, car dealerships in Germany are offering discounts of up to 42 percent on new vehicles, magazine Auto Motor und Sport reported on Thursday. READ »

A nation of 80 million Merkels

Analysis & Opinion: 21 Sep 09
With less than a week before Germany’s election, Roger Boyes, the Berlin correspondent for British daily The Times, muses that the country’s voters like being bored by Angela Merkel and her political cohorts. READ »

Germany is not Opel

Analysis & Opinion: 11 Sep 09
We are Opel. The motto showing support for Opel workers certainly has its charm. But it also shows the ridiculous importance Germans have attached to the fate of the struggling carmaker, argues Der Tagesspiegel’s Moritz Döbler. READ »

German car industry could shed 90,000 jobs

Business & Money: 28 Aug 09
Daily newspaper Die Welt on Friday reported that 90,000 jobs are at risk in the German car industry, as the country's spectacularly successful "cash for clunkers" programme draws to a close. READ »

Politicians irked by more car scrapping premium fraud

National: 6 Aug 09
Politicians are calling for tighter controls after further reports of criminal misuse of Germany’s "cash for clunkers" car scrapping premium emerged this week. READ »

German stimulus plan ranked world's best

Business & Money: 24 Jul 09
Germany has implemented the best economic stimulus package in the world, according to a new Boston Consulting Group study released by Manager Magazin on Friday. READ »

New Duden dictionary adds 5,000 words

Society: 21 Jul 09
The 25th edition of the German language dictionary Duden is out with 5,000 new words, daily Die Welt reported on Tuesday. READ »

Dutch using German scrapping bonus to scam insurers

Business & Money: 13 Jul 09
Fraudulent claims on scrap cars from Germany have gleaned millions of euros in the Netherlands, with some vehicles coming from the popular car scrapping premium, Dutch paper De Telegraaf reported on Monday. READ »

Funds for car scrapping scheme running out

Business & Money: 7 Jul 09
The budget for Germany’s popular Abwrackprämie, or car scrapping premium, could be exhausted before parliamentary elections in September, daily Bild reported on Tuesday. READ »

Premium for old cars revs up women drivers

Business & Money: 18 Jun 09
Germany's cash-for-clunkers auto premium has drawn more women to Europe's biggest car market than ever before, according to a study released on Thursday. READ »

German cabinet extends car scrapping bonus

National: 8 Apr 09
The German cabinet extended the popular car-scrapping bonus Wednesday morning, earmarking a further €3.5 billion for the scheme. The €2,500 bonus will be valid until the end of the year, government sources said. READ »

Scrapping bonus exceeds allotted €1.5 billion budget

Business & Money: 1 Apr 09
The €1.5 billion allotted for the German Abwrackprämie, or scrapping premium, has been spent, according to of the Federal Office of Economics and Export Control (Bafa) on Wednesday. READ »

Car scrapping bonus to be extended until year's end

Business & Money: 30 Mar 09
Berlin is planning an extension of its popular Abwrackprämie, or scrapping premium, until the end of the year, a spokesperson said on Monday. Meanwhile the application site crashed because of heavy use. READ »

CDU politician calls for coffee machine scrapping bonus

National: 29 Mar 09
The row over the government's scrapping bonus for old cars became a little sillier on Sunday, when an economy expert from the CDU called for it to be introduced for old furniture and coffee machines instead. READ »

Merkel backs extension of car scrapping scheme

National: 25 Mar 09
German Chancellor Angela Merkel said Wednesday she would consider extending Abwrackprämie, or scrapping premium, due to its “great success” in helping the nation’s ailing auto industry. READ »

Government could extend auto scrapping premium

National: 24 Mar 09
The German government wants to extend its successful Abwrackprämie, or scrapping premium, by up to €1 billion to buoy the nation’s ailing auto industry, daily Rheinische Post reported on Tuesday. READ »

New car buyers allowed to reserve scrapping premium

National: 9 Mar 09
Those buying new cars with long delivery times can still take advantage of Germany's auto “scrap premium,” by reserving the €2,500-subsidy before the alloted funds run out, the Economy Ministry said on Monday. READ »

Germany tinkers with junk car scheme rules to fight fraud

Society: 4 Mar 09
German officials have changed the rules for the popular new auto “scrap premium,” or Abwrackprämie, to hinder fraud, an Economy Ministry spokesperson told The Local on Wednesday. READ »

Junk-car bonus inspires other sectors to offer trade-ins

Society: 2 Mar 09
The government's wildly popular new scheme encouraging Germans to junk their old cars for a €2,500 premium for a new one is inspiring similar offers from high-fashion haberdashers to bargain-basement electronics chains. READ »

Car dealers offering record discounts

Business & Money: 2 Mar 09
The Abwrackprämie – a €2,500-premium for junking an old cars to buy a new one – has created record-level discounts at German car dealerships of nearly 50 percent, daily Bild reported on Monday. READ »

Junk car premium boosts consumers

National: 26 Feb 09
German consumer confidence improved in February thanks to stable prices and the Abwrackprämie – a €2,500-premium for junking an old car to buy a new one, market research institute GfK reported on Thursday. READ »

Should I junk my old car for the Abwrackprämie?

Lifestyle: 6 Feb 09
Got a question about life in Germany? This installment of Ask The Local explores the government’s Abwrackprämie – a €2,500-premium for junking your old jalopy and buying a new car this year. READ »

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Germany’s public transportation largely operates on the honour system, which makes fare dodging easy. You can have your say on how Germany should deal with the problem.
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