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04/09/2009
Scrappage Scheme Boosts Car Sales
The government's car scrappage scheme has pushed up UK car sales by 6% from a year ago, according to the latest industry figures.
The Society of Motor Manufacturers and Traders' statistics show a total of 67,006 cars were sold in August, the second consecutive month of growth.
The sales increase in July had been for the first year-on-year growth in 15 months.
The incentive scheme introduced in May allows 10-year-old cars to be scrapped in return for a £2,000 discount on a new model.
SMMT Chief Executive Paul Everitt said: "The scrappage incentive scheme is having a positive impact but with consumer and business confidence still fragile, there remain significant risks ahead.
"It is essential that these early signs of recovery are sustained into 2010."
(GK/BMcC)
The Society of Motor Manufacturers and Traders' statistics show a total of 67,006 cars were sold in August, the second consecutive month of growth.
The sales increase in July had been for the first year-on-year growth in 15 months.
The incentive scheme introduced in May allows 10-year-old cars to be scrapped in return for a £2,000 discount on a new model.
SMMT Chief Executive Paul Everitt said: "The scrappage incentive scheme is having a positive impact but with consumer and business confidence still fragile, there remain significant risks ahead.
"It is essential that these early signs of recovery are sustained into 2010."
(GK/BMcC)
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18 May 2009
Car Scrappage Scheme Dealt Blow Amid VAT Row
A Government-scheme where consumers can scrap their old banger for a new model, has been dealt an embarrassing blow after three large manufacturers suspended the scheme. The £300m scrappage scheme, announced in last month's Budget, is intended to boost consumer confidence and kick-start demand for new cars.
Car Scrappage Scheme Dealt Blow Amid VAT Row
A Government-scheme where consumers can scrap their old banger for a new model, has been dealt an embarrassing blow after three large manufacturers suspended the scheme. The £300m scrappage scheme, announced in last month's Budget, is intended to boost consumer confidence and kick-start demand for new cars.
29 May 2009
Scrappage Scheme Boosts Car Sales
More than 35,000 new cars have been ordered through the UK's scrappage scheme, since it was introduced, new figures have revealed. This equates to one scrappage scheme order out of every five new car orders in this period. Gordon Brown welcomed three new car buyers that had benefited from the scheme at Downing Street this morning.
Scrappage Scheme Boosts Car Sales
More than 35,000 new cars have been ordered through the UK's scrappage scheme, since it was introduced, new figures have revealed. This equates to one scrappage scheme order out of every five new car orders in this period. Gordon Brown welcomed three new car buyers that had benefited from the scheme at Downing Street this morning.
06 August 2009
Motor Sales Boosted By Scrappage Scheme
Car sales have risen for the first time since April last year, according to the latest industry figures. The Society of Motor Manufacturers and Traders (SMMT) said 157,149 cars were sold in July, an increase of 2.4% on last July's figures.
Motor Sales Boosted By Scrappage Scheme
Car sales have risen for the first time since April last year, according to the latest industry figures. The Society of Motor Manufacturers and Traders (SMMT) said 157,149 cars were sold in July, an increase of 2.4% on last July's figures.
04 February 2010
Car Scrappage Scheme Extended
An extra month has been added to the deadline for the Government Scrappage Scheme. This move will provide manufacturers and dealers more time to prepare for and operate the exit phase of the scheme. Government ministers said their decision was prompted by requests from car manufacturers for more time to prepare dealers and inform consumers.
Car Scrappage Scheme Extended
An extra month has been added to the deadline for the Government Scrappage Scheme. This move will provide manufacturers and dealers more time to prepare for and operate the exit phase of the scheme. Government ministers said their decision was prompted by requests from car manufacturers for more time to prepare dealers and inform consumers.
06 October 2009
Car Sales Boosted By Scrappage Deal
There were 367,929 new UK car registrations last month as motorists continued to take advantage of the scrappage scheme under which they receive a £2,000 discount on vehicles more than 10 years old when they buy a new model. That means that sales of new cars increased by 11.4% in September compared with the same month last year.
Car Sales Boosted By Scrappage Deal
There were 367,929 new UK car registrations last month as motorists continued to take advantage of the scrappage scheme under which they receive a £2,000 discount on vehicles more than 10 years old when they buy a new model. That means that sales of new cars increased by 11.4% in September compared with the same month last year.
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