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Car prices to fall as scrappage ends?

Green Cars News

According to the firm, some car manufacturers will reduce their prices in a effort to increase sales and counteract a fall in registrations as the Scrappage Scheme ends this month. Particularly, prices for new cars maybe realigned to suit business [.].

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Manufacturers sign up for scrappage scheme

Green Cars News

We’re just days away from the full implementation of the vehicle scrappage scheme and several providers have announced their participation in the Government backed project. Volkswagen has also announced its scrappage scheme offers. The scrappage scheme comes into effect on May 18.

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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). According to Paul Everitt, SMMT chief executive, the scrappage scheme is laying the foundation for future success in the industry.

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More success for UK vehicle scrappage scheme

Green Cars News

There was more joy for car manufacturers in July thanks to the UK’s car scrappage scheme. This fraction of the 157,149 new car registrations total for the month gave the industry a much needed boost. per cent of the total scrappage registrations and 3.6 per cent of overall van registrations in July.

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Scrappage scheme faces more criticism

Green Cars News

How much will the UK’s vehicle scrappage scheme help car buyers? The scheme, which sees motorists buying a new car rewarded with a £2,000 subsidy if they trade in a vehicle over 10 years old that they have owned for at least 12 months is made up of £1,000 from the Government and an equal amount from the manufacturer.

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Scrappage scheme slashes CO2 levels

Green Cars News

The scrappage scheme has put the car industry on track to meet the EU target of 130g/km of CO2 by 2012. That’s the verdict of Clean Green Cars , which launched an investigation that found that average new car CO2 fell by 5.5 km and Audi, which has cut its emissions by 9.6 per cent to 158.2g/km.

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Scrappage scheme: Success or failure? The Green Piece

Green Cars News

According to figures from the Society of Motor Manufacturers and Traders (SMMT) most of the 400,000 vehicles ordered through the scrappage scheme have now been registered meaning the motor industry has nearly received its final boost from the concept. During April, the scheme accounted for just eight per cent [.].