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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% to 112,087 units, according to figures from the UK’s SMMT (Society of Motor Manufacturers and Traders). in 2009 to 1.72 Scrappage schemes in other European countries include: Country. million units.

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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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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 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

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Scrappage scheme boosts August car sales

Green Cars News

The car scrappage scheme continues to boost car registrations as sales rose 6.0 per cent in August, the latest figures from the Society of Motor Manufacturers and Traders ( SMMT ) reveal. The second successive month of growth within the motor industry, August’s sales of 67,006 vehicles build on the 2.4 per cent and 16.9

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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. There are ominous questions looming too, as to what the motor industry will do when the scrappage scheme ends.

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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

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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.

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