Slovaks took good advantage of car scrapping scheme in 2009

The number of used passenger cars and cars less than 3.5 tonnes imported into Slovakia in 2009 fell by 21.64 percent on an annual basis to stand at 78,834, the Automotive Industry Association told the TASR newswire.

The number of used passenger cars and cars less than 3.5 tonnes imported into Slovakia in 2009 fell by 21.64 percent on an annual basis to stand at 78,834, the Automotive Industry Association told the TASR newswire.

“The global financial and economic crisis notwithstanding, 2009 saw fewer registered used, as opposed to new, cars on the roads. This is largely due to the government's trade-in bonus programme early in the year when many were able to buy a new one car by trading in their old one” said Mária Nováková of the association.

In Slovakia’s car scrapping scheme, the volume of billed value-added tax represented €66.509 million, while the state paid €49.832 million in subsidies for the purchase of new cars, according to the SITA newswire.

The government originally planned to support the purchase of 44,200 new cars with €55.25 million. The association said that in reality the subsidy was claimed for only 39,275 cars, with 21,216 cars in the first round and 18,059 in the second round. The overall billed price of cars in both rounds reached €365.047 million and traders supported these purchases with €35.067 million. TASR, SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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