ANNOUNCEMENT 14 Aug 2009In August 2009, the government of Russia announced a change in production support.
NUMBER OF INTERVENTIONS
Mariya Volkova. Nizhegorodskie vlasti zapustili programmu obmena staryh avto. Rossiiskaya gazeta website news from 13 avgusta 2009. Available from < http://www.rg.ru/2009/08/13/reg-privolzhe/obmen-avto-anons.html >
By mid-August 2009 the first pilot project of car scrappage was established in one of the Russian states (Nizhegorodskaya Oblast) to support the car production of its car plant GAZ. The regional budget is 150 million rubles (5 million US dollars) for 2009. The cars produced before 1 January 2003 of all car producers around the world are eligible for this programme. A old car can be exchanged at the official dealer centre for a new car produced by GAZ in 2009 with a compensation of 10% of the price of the new car but not more than 50,000 rubles (1,670 US dollars) which is a discount of about 16 percent.