Effect on April 1st, 2007 in Sweden, new car buyers will get a cash bonus when they buy a new eco-friendly car. This incentive program gives $1,400 in cash from the government and it runs until the end of 2009. It expects that the program will boost up the sales of green cars 10 to 15 percent per year.
Implications - This exciting idea is offered to people who are willing to buy cars that consume less than half a liter of gas every ten kilometers. Almost all car brands have at least one car that fits the Swedish eco-friendly criteria for this deal. It is nice to see a government working to help out the environment and the people at the same time.
Swedish Government Gives Cash to Green Car Buyers
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