Remove 2009 Remove Environment Remove Green Cars Remove Scrappage
article thumbnail

Scrappage scheme prompts sales boost

Green Cars News

According to its statistics, September, traditionally a large volume month anyway due to the number plate change, will be the biggest month for 2009 with an 11.8 According to Paul Everitt, SMMT chief executive, the scrappage scheme is laying the foundation for future success in the industry.

article thumbnail

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.

article thumbnail

Will the scrappage extension do any good? The Green Piece

Green Cars News

The Green Piece: Tuesday 6 October, 2009. 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. per cent year-on-year in August after four consecutive months of scrappage-led improvements.

article thumbnail

Car depreciation set to burst scrappage scheme bubble

Green Cars News

Car buyers, set to take advantage of the UK’s £2,000 scrappage incentive, to be launched on Monday, could find that the benefit of the scheme wiped out in depreciation within just 88 days of purchasing a new vehicle. million motorists tempted to cash in on the scheme, these consumers are set to lose a total of £12.5

article thumbnail

Will you save money if you buy a green car? The Green Piece

Green Cars News

Drivers are increasingly letting their wallet rule their car buying decisions with more motorists than ever before opting for a green car over a conventional alternative. However, will green cars really save you money? The Green Piece. September 15, 2009. Why green car benefits may be exaggerated.

article thumbnail

It is good to be small as auto market stumbles

Green Cars News

As automotive production in Europe falls by a whopping 35 per cent, small cars have reached a new record high market share reflecting consumer concerns about the general economy and the environment. Indeed the average engine size and power fell from 1,706cc to 1,635cc in the first quarter of 2009.

Market 39
article thumbnail

Resounding success or a piece of scrap? The Green Piece

Green Cars News

The Green Piece - Tuesday 23rd June 2009. Since the introduction of Britain’s vehicle scrappage scheme, everything appears rosy for the country’s automotive industry once more. Ostensibly, the scrappage scheme has been presented as an incentive to buy less polluting cars and therefore reduce damage to the environment.

Green 36