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Budget 2009 - UK gets £2000 scrappage scheme

By Ben Pulman Motor Industry 22 April 2009 15:15 Chancellor Alistair Darling has announced a £2000 car-scrapping incentive, and a surprise 2p per litre increase in fuel tax in the latest budget. Darling delivered his Budget speech at 12.30pm GMT today. Scroll down the page to see our edited highlights of the 2009 Budget, read in-depth details of the scrappage scheme and see how the motor industry has responded.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Ford Start Concept – Beijing

Ford will unveil the Start Concept - a global city car - at the Beijing Motor Show We really didn’t see this coming – at least not yet – but Ford have pulled off a surprise ahead of the Beijing Motor Show by unveiling a Global City Car – the Ford Start Concept. We’re pretty sure this really is just a concept – although no doubt a direction pointer for Ford’s aspirations - but the 3-pot Ecoboost engine in the Ford Start is definitely not a concept engine. We’ll start with the engine in the Ford Start.