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Hyundai scrappage scheme in UK offers up to £5,000 off price of new model

Green Car Congress

In the UK, Hyundai Motor has launched a gasoline and diesel scrappage and trade-in scheme that offers up to £5,000 (US$6,416) off the price of a new model and seeks to improve air quality across the UK by making it easier and more affordable to drive a new, lower emission car. i10 will also benefit from £1,500 saving.

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UK New Car CO2 Emissions Drop by Biggest Ever Margin in 2009

Green Car Congress

Average new car CO 2 emissions in the UK fell by their biggest ever margin last year with the impact of recession and the Scrappage Incentive Scheme boosting the continued influence of technological advances made by vehicle manufacturers, according to the annual New Car CO 2 Report from the Society of Motor Manufacturers and Traders (SMMT).

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Experian Automotive: total number of light vehicles on US roads at highest level since 2008

Green Car Congress

Increased new vehicle sales and lower scrappage rates pushed VIO to the highest point on record since Q3 2008. years in Q2 2013, almost a full year older than was recorded in Q2 2009. In Q2 2013, more than half (50.9%) of VIO were between model years 2000 and 2008. and 13.5%, respectively. of the VIO market in Q2 2013.

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UK Government Announces Vehicle Scrappage Scheme

Green Car Congress

In his Budget statement to the House of Commons on 22 April 2009, UK Chancellor of the Exchequer Alistair Darling confirmed that the government will introduce a vehicle scrappage incentive scheme. Participation in the scrappage scheme by specific car manufacturers is voluntary. The scheme is expected to be introduced in mid-May.

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New Car Registrations in UK fall 30.9% in January; Industry Urges UK Government to Provide Scrappage Incentives to Boost Demand

Green Car Congress

The new car market in the UK continued to decline sharply at the start of 2009, with volumes down by 30.9% in 2009 to 1.72 This would be some 410,000 units off the 2008 total and almost 685,000 units down on 2007. Scrappage schemes in other European countries include: Country. SMMT expects the market to decline by 19.3%

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Euro Auto Production Down 35% in First Quarter 2009; Second Half Production May be Down 25%; Small Cars Hit New Record Share

Green Car Congress

In the first quarter of 2009, automotive production in Europe fell by 35% to 3.4 While fleet renewal schemes (vehicle scrappage) have helped segments of the passenger car market in some countries, overall vehicle demand in Europe went further down as well. in the first five months of 2009, surpassing the record of 38.8%

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UK new car CO2 emissions fell 3.5% in 2010 and more than 20% since 2000

Green Car Congress

improvement recorded between 2008 and 2009. in the first half of 2010 compared with the same period in 2009. The scrappage scheme, which ended in March 2010, was a significant factor in this trend. respectively on 2009 figures. An earlier report by the SMMT showed that average new car CO 2 emissions fell 4.7%

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