Siam suggests that cars made before 1996 to be scrapped

aced with crippling slowdown and rising vehicle pollution, apex auto industry body Society of Indian Automobile Manufacturers (Siam) asked government that all private cars made before 1996 should be scrapped to increase demand for new vehicles and also increase the sales of environment conscious vehicles.

Siam has advocated to the government for a regular scrap page policy for private and commercial vehicles as well as two-wheelers to ensure that there is a regular churn and burn-out of old vehicles, while adding new and more efficient ones at the same time.

And, there would be incentives on new vehicle purchases in the form of sops like lower excise and sales tax as well direct cash benefits for those who scrap their old vehicles.Vcommindia News