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  1. Scrappage incentive market reversals loom

Scrappage incentive market reversals loom

Automotive markets all around the world are getting a lift from government subsidies to car purchase and they come obligingly dressed up in a light green cloak. New for old. There's not necessarily anything wrong with that. If car markets are stimulated and the car parc gets a little less dirty in the process, it looks like most people are happy.

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