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Scrappage Scheme bites in the UK

Green Cars News

The much derided scrappage scheme in the UK has started to benefit new car registrations for June 09. Overall new car sales fell by 15.7% Overall new car sales fell by 15.7% We are now beginning to see the positive impact of the scrappage scheme translate into new vehicle registrations,” said Paul Everitt, SMMT chief executive.

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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.