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Scrappage scheme faces more criticism

Green Cars News

How much will the UK’s vehicle scrappage scheme help car buyers? The scheme, which sees motorists buying a new car rewarded with a £2,000 subsidy if they trade in a vehicle over 10 years old that they have owned for at least 12 months is made up of £1,000 from the Government and an equal amount from the manufacturer.

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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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Drivers can go green with scrappage scheme

Green Cars News

The environmental benefits of the scrappage scheme is certainly open for debate - but drivers that pick up the ultra-green new SEAT Ibiza SC Ecomotive will certainly be doing their bit for the cause. The vehicle is powered by a 1.4litre TDI three-cylinder engine and has a diesel particulate filter as standard.

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Hyundai ahead of the pack in scrappage scheme

Green Cars News

So which company has reaped the benefits of the vehicle scrappage scheme the most here in the UK? Look no further than Korean car manufacturer Hyundai. The company, which is a major employer in the Essex area, has taken more than 17,000 orders since the scheme started - that’s almost 300 a day.

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Ford to sweeten scrappage deal – but is it green?

Green Cars News

Unsurprisingly there is still frenzied interest in the announcement of a vehicle scrappage scheme by Alistair Darling as part of his 2009 Budget. The so-called Scrappage Plus discounts will be available over and above the Government and industry’s shared £2,000 subsidy. Sound good? Well, there is a catch.

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Electric quadricycles not eligible for scrappage scheme

Green Cars News

The government’s new car scrappage scheme, which launches on Monday, 18 May, discriminates against some groups of motorists, and works against the government’s own plans to encourage the use of electric vehicles, says ultra-light vehicle manufacturer and importer Aixam Mega. Tags: Aixam Mega electric ev scrappage.

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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