The Car industry may be given a new leases of life thanks to government subsidy of £2000 encouraging the scrapping of vehicles which are at least 10 years old. Following the Government’s scrappage scheme 60,000 orders have been placed, breathing new life into the Auto-mobile Industry. Old vehicles however remain a common place option for first time buyers and the demand for new car parts will continue to play an important role sustaining the auto-mobile industry.

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