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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

to 112,087 units, according to figures from the UK’s SMMT (Society of Motor Manufacturers and Traders). A number of EU member states have launched scrappage incentive schemes, which have the benefit of boosting consumer confidence and delivering significant environmental improvements. SMMT expects the market to decline by 19.3%

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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 [.].

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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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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. This fraction of the 157,149 new car registrations total for the month gave the industry a much needed boost.

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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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Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional

Baua Electric

Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset. The auto industry is making strides to replace the traditional sources of fuel with the carbon-free fuel.

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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.