The industry calls for increasing the funds of the 2000E scheme

Just a short while ago we were talking about how the 2000E Plan and its end had boosted sales in October, with people fearing they would run out of their corresponding €2,000 discount for scrapping their car. Now the car industry has come forward asking for more funds for the exhausted 2000E Plan.

The minister put the real cost of the plan’s financing at 10%, since the remaining 90% is recovered through taxes, whether from the purchase of the car, from the wages of jobs that are not destroyed, or from the larger corporate tax collected. The car industry accounts for 10% of employment and %% of Spain’s GDP, figures that deserve to be taken very seriously, especially given the resounding success of a plan that had €100 million earmarked for 12 months and has been used up in less than 6.

Beyond the economic benefits for the industry and for the general crisis, the 2000E Plan makes a notable effort to renew Spain’s car fleet, which has an average age of 13.4 years, the second oldest in Europe. This high age affects us in several ways: higher consumption (one only has to compare a ’90 model with a recent one, which can perfectly well consume half as much) and above all incredible advances over the last 15 years in safety.

Safer roads, lower consumption, less CO2 in the environment, a sector on the rise and many jobs maintained, all at a cost of 10% of what was really planned. Does more funding for this plan need to be said to be necessary or not?

Source | Motorpasion