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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. The scheme will run until the end of 2017.

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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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Experian Automotive: total number of light vehicles on US roads at highest level since 2008

Green Car Congress

Increased new vehicle sales and lower scrappage rates pushed VIO to the highest point on record since Q3 2008. In Q2 2013, more than half (50.9%) of VIO were between model years 2000 and 2008. The number of cars and light trucks on the road in the US reached 247.9 The top five vehicle segments in the United States made up 49.9%

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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. Participation in the scrappage scheme by specific car manufacturers is voluntary. Scrappage savings apply to commercial vans (up to 3.5

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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. In January, diesel penetration rose 0.7

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UK New Car CO2 Emissions Drop by Biggest Ever Margin in 2009

Green Car Congress

Average new car CO 2 emissions in the UK fell by their biggest ever margin last year with the impact of recession and the Scrappage Incentive Scheme boosting the continued influence of technological advances made by vehicle manufacturers, according to the annual New Car CO 2 Report from the Society of Motor Manufacturers and Traders (SMMT).

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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use. For used vehicles, it is 63 months, an increase of just more than 25 months (since Q1 2006).

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