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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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More success for UK vehicle scrappage scheme

Green Cars News

There was more joy for car manufacturers in July thanks to the UK’s car scrappage scheme. This fraction of the 157,149 new car registrations total for the month gave the industry a much needed boost. per cent of the total scrappage registrations and 3.6 per cent of overall van registrations in July.

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Scrappage scheme: Success or failure? The Green Piece

Green Cars News

According to figures from the Society of Motor Manufacturers and Traders (SMMT) most of the 400,000 vehicles ordered through the scrappage scheme have now been registered meaning the motor industry has nearly received its final boost from the concept. During April, the scheme accounted for just eight per cent [.].

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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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Cautious welcome for scrappage extension

Green Cars News

Since the announcement that the car scrappage scheme in the UK will be extended (see article ) a host of important industry names have been having their say on the plans, with a cautious but generally positive welcome for the proposals. we want to know what you think of the decision to extend the scrappage scheme.

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Extended Scrappage Scheme goes live

Green Cars News

The extension for the Scrappage Scheme goes live today, after the funds for the original scheme ran out. From today, the new terms of the Government’s scrappage scheme come into force meaning that even more vehicles will be eligible under the scheme. Industry figures show that the scrappage scheme is continuing to boost the market.

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Scrappage scheme scrap ends

Green Cars News

Carmakers are back on board the scrappage scheme following yesterday’s fiasco which saw the like of Ford and Honda suspend their participation in the scheme while issues over VAT payments were cleared up. Tags: Ford Green credentials Honda incentive scrappage scheme suspend.