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Polish Car Dealers Benefit From German Program
RENEE MONTAGNE, host:
And our last word in business today is global stimulus. Germany's government is revving up car sales by giving people money to trade in their old cars for newer fuel efficient vehicles. That's the idea anyway, and the program is working so well that it's not only German car dealers jumping for joy, Polish dealers are delighted. Seems some Germans are taking their government cash and driving to Poland to buy cars. They're doing that because the Polish currency has fallen against the euro, so the 2,500 euro subsidy buys more car in Poland. But all those German tax dollars aren't going to waste. At least one man went to a Polish town to buy a car and he came back with a Skoda - that's a Czech brand, but it's owned by Germany's Volkswagen.
And that's the business news on MORNING EDITION from NPR News. I'm Renee Montagne at NPR West.
STEVE INSKEEP, host:
And I'm Steve Inskeep in Detroit. Transcript provided by NPR, Copyright NPR.