Carmakers must fund scrapping under new EU rules

The European Commission brought new rules into force on Thursday covering how vehicles are designed, produced, collected and processed at the end of their life, requiring manufacturers to fund their disposal and restricting exports of used cars outside the European Union.

Around 10 to 12 million vehicles across Europe reach the end of their life each year and are treated as waste, according to a Commission briefing note. Those vehicles hold significant quantities of valuable materials...