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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.

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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk expects China to make the largest contribution to global sales growth for new vehicles, with an anticipated 16% increase over 2011. Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3%

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