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New government scrappage scheme could boost EV sales

Discover EV

The economic crash of 2008 saw the implementation of UK's first scrappage scheme in which paid £2000 for an old car against the purchase of a new one. Now, in the wake of the COVID-19 crisis and the biggest slump in car sales in decades, the government is considering a new scheme.

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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

This would be some 410,000 units off the 2008 total and almost 685,000 units down on 2007. Alternatively fuelled vehicle (AFV) demand showed a particularly sharp decline, down 47.4%, in part reflecting strong growth in 2008. Scrappage schemes in other European countries include: Country. 1,000 to purchase a car.

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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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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

Recent sales data—when combined with the slump in the Purchasing Manager’s Index and currency devaluation in early August, as well as the summer stock market rout—suggests a significant rebound in light vehicle sales is unlikely in the coming months. million units, reflecting a growth rate over 2014 of just 1.4

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Will the scrappage extension do any good? The Green Piece

Green Cars News

The UK’s car scrappage scheme may have been dubbed a resounding success by the majority of car manufacturers and consumers alike, but it hasn’t won plaudits from all corners. There are ominous questions looming too, as to what the motor industry will do when the scrappage scheme ends. The Green Piece: Tuesday 6 October, 2009.

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New car sales lowest since 1991

Green Cars News

per cent reduction or 245,184 units less in new car registrations for the first four months of 2009, compared to the same period of 2008. However the SMMT say that the drop may in part be due to customers delaying a purchase until the introduction of the scrappage scheme in May, announced as part of the Budget.

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The Budget 2009 - working towards sustainable transport

Green Cars News

The Budget confirmed and built on the Chancellor’s measures in Budget 2008 and the Pre-Budget report by: Confirming the new rules on capital allowances linked to CO2 emissions. Introducing a vehicle scrappage scheme. From the second year of purchase onwards they will then pay the standard rate. Vehicle Scrappage Scheme.