Beijing to scrap old cars through subsidy

BEIJING - As part of a campaign to improve the capital's air quality, drivers who scrap old cars or sell them to buyers outside Beijing can receive subsidies and cash to put toward a new vehicle.

The campaign, which started on Monday and will last until Dec 31, is also aimed at boosting the local car market, which has been stagnant in recent times.

Those who part with cars made in 1995 or earlier will receive subsidies that range in value from 2,500 yuan ($390) to 14,500 yuan, and sellers can receive up to 10,000 yuan to buy a new car from 16 local car dealers, including Chang'an Ford, Beijing Ford and Chang'an Mazda.