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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% SMMT expects the market to decline by 19.3% This would be some 410,000 units off the 2008 total and almost 685,000 units down on 2007. There is a clear need to stimulate demand for new vehicles in the UK market.

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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

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. Reflecting consumer concerns about the general economy, small cars reached a market share of 44.9% over the whole year 2008. in Greece, 11.8%

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