BMW to Offer 2000 Euro Bonus for Trade-In of Older Diesel Cars – New York Times

Posted: Wednesday, August 02, 2017

FRANKFURT — BMW announced plans on Wednesday to offer owners of older diesel passenger cars designed to meet the Euro-4 or lower emissions standards a bonus of up to 2,000 euros when they trade in their vehicle for a new lower-emissions car.

It said in a statement the new vehicle would have to be either a BMW i3 electric car, a plug-in hybrid or a Euro 6-standard vehicle.

The campaign will begin this month and initially run through the end of the year, it said.

Its comments come as German ministers and car bosses hold crisis talks, seeking to cut inner-city pollution to avert outright bans on diesel cars in a belated attempt to restore the tarnished reputation of the country’s auto industry.

(Reporting by Maria Sheahan)

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