Word: carse
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See the most important cars of all time.
That might help explain the British government's hesitation to launch an initiative of its own. Almost 90% of all cars sold in the U.K. are imported, with most of those arriving from Continental Europe. So while 61% of those polled in a survey for Britain's Society of Motor...
Critics of scrapping schemes point out that they are like administering a shot of adrenaline to a sick patient - first there's a rally, then there's a collapse. Like others in Europe, Germany's scheme is temporary. Buyer applications equivalent to a third of the program's $1.9 billion...
The dilemma facing the car companies is that owners in the recession hope that they can keep their cars operable by spending a few hundred dollars a year on repairs.
People clearly do not replace everything that is run down in their cars all in one day. That is at the core of the dilemma that the car companies face. It is probably less expensive to repair a car over time than it is to buy a new one.