Looks like a mixed bag for the car scrappage scheme over in some other European countries. The sales of new cars in Germany have continued to rise proving that the scrappage scheme works, Germany has seen a 19% rise in April over the figures of last April and a rise in March of 40%, and Mays sales figures will certainly be interesting.

Over in France the news isn’t quite as good as they experienced a 7% fall in April Italy experienced a 7.5% fall for the same month.

BMW a German car manufacturer has recently announced that it made a net loss of 3133 million for the first Quarter of 2009

Car Scrap Yard