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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 Paul Everitt, SMMT chief executive, the scrappage scheme is laying the foundation for future success in the industry.

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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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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. According to the Society of Motor Manufacturers and Traders (SMMT), production in the UK fell back 31.5

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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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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. suggests that drivers should think twice before going green.

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Can the UK lead the green car charge? The Green Piece

Green Cars News

The UK has been an epicentre for drivers with a green conscience for many years. Last week, Nissan announced plans to make electric car batteries at its plant in Sunderland, creating 350 new jobs in the process (see ‘ Nissan to make electric car batteries at Sunderland plant ’). Now it seems that its efforts have been rewarded.

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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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