Stockholm - Volvo Cars, the Swedish subsidiary of US carmaker Ford, has urged the Swedish government to introduce more incentives to help the flagging industry, reports said Wednesday.
Suggestions included reintroducing a premium for the demolition of old cars, extending a tax-break scheme for ecologically friendly cars and conducting a review of diesel fuel taxes.
"A demolition premium has a double benefit. Old cars that cause more harm to the environment than new cars disappear while the car industry gets a boost and more people keep their jobs," Volvo Cars chief executive Stephen Odell told financial daily Dagens Industri.