Australia to launch ‘cash for clunkers’ program

Australia to launch ‘cash for clunkers’ program

Australia’s recently seated prime minister, Julia Gillard, is already making motions towards a ‘cash for clunkers’ where older vehicles are taken off the road to make way for newer cars. Other countries have implemented programs in recent years to simulate car sales and keep their domestic economies ticking. But for Gillard, the Australian program won’t be about stimulating car sales but rather about stimulating the Earth because Gillard wants to get about ten percent of Oz’s two million pre-1995 vehicles off the roads.

The mechanics of the program are largely the same as they were in the States, the new stipulation being that purchasers need to buy an “extra-efficient vehicle” like a Holden Cruze, Hyundai Getz or Toyota Camry Hybrid. The cash credit will be set at $AUS 2,000 and the program will require $AUS 394 million in funding and is scheduled to run from January 1, 2011 until December 31, 2014.

Click here to read a Car and SUV review of the new Toyota Hybrid Camry.

Australia’s recently seated prime minister, Julia Gillard, is already making motions towards a ‘cash for clunkers’ where older vehicles are taken off the road to make way for newer cars. Other countries have implemented programs in recent years to simulate car sales and keep their domestic economies ticking. But for Gillard, the Australian program won’t be about stimulating car sales but rather about stimulating the Earth because Gillard wants to get about ten percent of Oz’s two million pre-1995 vehicles off the roads.

The mechanics of the program are largely the same as they were in the States, the new stipulation being that purchasers need to buy an “extra-efficient vehicle” like a Holden Cruze, Hyundai Getz or Toyota Camry Hybrid. The cash credit will be set at $AUS 2,000 and the program will require $AUS 394 million in funding and is scheduled to run from January 1, 2011 until December 31, 2014.

Click here to read a Car and SUV review of the new Toyota Hybrid Camry.

« | »

Let us know what you think

Loading Facebook Comments ...

Road Tests

Silver Sponsors

Car and SUV Team

Richard-Edwards-2016Richard Edwards

Managing editor

linkedinphotoDarren Cottingham

Motoring writer

robertbarry-headRobert Barry

Chief reporter

Ian-Ferguson-6Ian Ferguson

Advertising Consultant

debDeborah Baxter

Operations Manager

RSS Latest News from Autotalk

RSS Latest News from Dieseltalk

Read previous post:
Porsche using three electric Boxsters for testing

Porsche is rapidly ramping up its vehicle electrification program, ranging from the top-level plug-in hybrid 918 Spyder concept and the...

Close