article thumbnail

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. The £2,000 saving will be made up of £1,000 from the government and £1,000 from the relevant car manufacturer. tonnes) as well as cars.

Scrappage 150
article thumbnail

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% less CO 2 (16 g/km) than the average new car, according to figures released by the car manufacturers’ trade association SMMT. The UK’s scrappage scheme provides £2,000 (US$3,300) to qualifying buyers. g/km CO 2 , 27.4%

Scrappage 186
article thumbnail

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. Tags: Green credentials fall Glass guide new cars price scheme scrappage tax.

article thumbnail

Scrappage scheme: Success or failure? The Green Piece

Green Cars News

Tuesday 17 May 2010: The Green Piece Column. 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.

article thumbnail

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.

article thumbnail

CARB launching second round of Clean Off-Road Equipment Voucher Incentive Project with $130M

Green Car Congress

Those who qualify will be provided vouchers by CORE for point-of-sale discounts on off-road equipment, up to a maximum of $500,000 per voucher, and will not have to retire or sell their existing ICE equipment (called a “scrappage” requirement). Mobile power units (MPUs) and mobile shore-power cable management systems. Construction equipment.

Clean 150
article thumbnail

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.