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Car scrappage scheme enters exit phase

The Government car scrappage scheme has entered its exit-phase this week, as car manufacturers implement the quotas set by the Department of Business, Innovation and Skills.Announced by Business Secretary Lord Mandelson, the final phase of the car scrappage scheme began on 24 February. BIS has now allocated potential order quotas to manufacturers, depending on brand popularity. The more popular manufacturers receive the higher quotas. BIS has ...