London — On Friday, Volkswagen (VW), Nissan and Toyota became the latest car makers to launch their own scrappage schemes in Britain, as sales slide, saying they aimed to get motorists to trade in their old cars for less-polluting new models. New car registrations fell for the fourth month in a row in July, the longest run of declines since 2011, as demand cools due to faltering consumer confidence ahead of Brexit and uncertainty over whether the government will impose new penalties on drivers of the most-polluting vehicles. VW said it will offer discounts of up to £6,000 ($7,760) on a new car if drivers trade in an older vehicle. Meanwhile, Toyota said motorists could save up to £4,000 under its new scrappage scheme while, separately, Nissan is offering a maximum discount of £5,000 on selected new cars. The trio join Ford, BMW, Mercedes-Benz and Vauxhall, who have all announced similar schemes in recent weeks, together accounting for about two thirds of the new car market in Britai...
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