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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 Scrappage Scheme Encouraging Shift to Smaller, Fuel-Efficient Cars

Green Car Congress

New cars bought through the UK’s scrappage incentive scheme , which began in May, emit on average 10.9% Scrappage buyers were also three times more likely than average to buy the smallest class of car—minis such as the Smart Fortwo—and a third more cars bought through the scheme were larger superminis such as the Hyundai i10.

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Hyundai ahead of the pack in scrappage scheme

Green Cars News

So which company has reaped the benefits of the vehicle scrappage scheme the most here in the UK? Look no further than Korean car manufacturer Hyundai. Tony Whitehorn, Hyundai’s managing director, believes that price is playing a big role in the vehicles’ success.

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Hyundai plans green growth investment

Green Cars News

Hyundai, which has already enjoyed great success in the UK since the implementation of the scrappage scheme , has now announced plans to invest W9.3trillion this year with W4.1trillion to go towards green growth projects. It has also outlined the aim to become one of the top four green car companies in the world.

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Scrappage scheme scrap ends

Green Cars News

Carmakers are back on board the scrappage scheme following yesterday’s fiasco which saw the like of Ford and Honda suspend their participation in the scheme while issues over VAT payments were cleared up. Tags: Ford Green credentials Honda incentive scrappage scheme suspend.

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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 Other manufacturers to have made significant gains include Hyundai with an average of 134.4g/km

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Scrappage Scheme bites in the UK

Green Cars News

The much derided scrappage scheme in the UK has started to benefit new car registrations for June 09. in June, however private individual registrations actually increased by approx 4% giving a much needed boost to several carmakers such as Ford, Kia, and Hyundai that have all experienced a growth in new car sales through June.