Auto & Transportation

Scrapping your old car may fetch more soon

By - 22 Feb 2024 08:17 PM

Owners of old and polluting automobiles may get additional benefits to scrap them in the near future, two people familiar with the matter said, with the government reviewing the existing scrappage policy that has found few takers so far. The road transport ministry is discussing additional benefits to encourage scrapping, and the prime minister’s office (PMO) will greenlight the final policy, the people cited above said on condition of anonymity. The policy may be rolled out by the new government that takes office after the next general elections. The head of BMW Group Designworks steered his car into a rest stop, highway traffic whizzing by in the background, and then dialed into his meeting.

“I can’t concentrate on driving if I’m talking," says Holger Hampf, whose unit is internally known as “architects of the future." This pit stop, he says, happens to be an excellent example of what will change in the future. One day when cars can eventually drive themselves, executives will be able to sit back and work just as if they were in the office.