TURIN -- Consumers in Italy could get up to 5,000 euros from the government if they buy a green car.
To boost new-car sales, the Italian government plans to offer incentives of between 1,500 euros and 5,000 euros to buyers who exchange a car at least 10 years old for a new model.
Buyers will receive 1,500 euros if they purchase a new car that has CO2 emissions of less than 140 grams per kilometer for a gasoline model and 130g/km for a diesel car.
The cash bonus rises to 5,000 euros if the customer buys a new car that has CO2 emissions below 120g/km and is powered by compressed natural gas, liquid petroleum gas, electricity or hydrogen. If the car has emissions above 120g/km, the cash bonus is 3,000 euros.
The government will release full details of the scheme Monday or Tuesday.
Centro Studi Promotor, a Bologna based research body, said the incentives could boost new-car sales in Italy to more than 2 million units this year compared with 1.85 million if no incentives are offered to consumers. Last year, Italy's new-car sales were 2.16 million.
France and Germany offer incentives to encourage buyers to replace their old cars with new, fuel-efficient models.
In Germany, people who scrap cars that are at least nine years old and buy new, low-CO2 vehicles receive certificates worth 2,500 euros.
In France, the government is giving a bonus of 1,000 euros to people who replace cars at least 10 years old.