German transport minister to propose trade-in programme for old lorries

FILE PHOTO: Germany's Transport Minister Andreas Scheuer is seen at the start of the the weekly cabinet meeting at the Chancellery in Berlin, Germany June 17, 2020. Tobias Schwarz/Pool via REUTERS

BERLIN (Reuters) - German Transport Minister Andreas Scheuer said on Tuesday he would propose a trade-in incentive for old lorries, adding that he would try to get this on the table at a commercial vehicles summit he is holding next week.

He said there were already subsidy programmes for trucks with more environmentally-friendly engines but added that there were not enough of them on the market.

He said that bus and lorry plants would need to restart production to avoid shutting down, adding: “The only way to do this is by providing subsidies.”

Reporting by Markus Wacket; Writing by Michelle Adair; Editing by Thomas Escritt