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Scrappage scheme prompts sales boost

Green Cars News

The momentum for new car sales in the UK shows no sign of declining after September figures were released by the Society of Motor Manufacturers and Traders (SMMT). per cent increase on sales in the same month last year. The total tally since it began in May now stands at 178,278.

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Industry experts have their say on scrappage plans

Green Cars News

Alistair Darling’s 2009 Budget, which announced the introduction of a £2,000 scrappage incentive scheme in the UK, has been met with mixed reviews from industry experts. According to Retail Motor Industry Federation (RMIF) chairman Paul Williams, the announcement could offer a significant boost to new car sales.

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Scrappage scheme boosts August car sales

Green Cars News

The car scrappage scheme continues to boost car registrations as sales rose 6.0 The second successive month of growth within the motor industry, August’s sales of 67,006 vehicles build on the 2.4 The recent success of the scrappage scheme suggests volumes should rise from last year’s very weak showing.

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Scrappage scheme deemed a success

Green Cars News

Though it has faced a barrage of criticism since its inception earlier this month, it would appear that the Government’s scrappage scheme has proved popular with consumers. Manufacturers have reported brisk sales with more than 35,000 orders since the announcement of the £2,000 subsidy. What do you make of the scrappage scheme?

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Extended Scrappage Scheme goes live

Green Cars News

The extension for the Scrappage Scheme goes live today, after the funds for the original scheme ran out. From today, the new terms of the Government’s scrappage scheme come into force meaning that even more vehicles will be eligible under the scheme. Industry figures show that the scrappage scheme is continuing to boost the market.

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Will the scrappage extension do any good? The Green Piece

Green Cars News

The Green Piece: Tuesday 6 October, 2009. The UK’s car scrappage scheme may have been dubbed a resounding success by the majority of car manufacturers and consumers alike, but it hasn’t won plaudits from all corners. per cent year-on-year in August after four consecutive months of scrappage-led improvements.

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Scrappage scheme could be popular than expected

Green Cars News

The scrappage scheme announced as part of the Budget last week, could be more popular than the government expects according to the Insistute of Fiscal Studies (IFS). per cent of pre-recession annual car sales. Car sales are currently down about one third relative to the same time last year.&#.