The UK Government has announced it is to extend its Car Scrappage Scheme beyond the original £300m allocation that was initially set aside.
Speaking today at the Labour conference in Brighton, business secretary Lord Mandelson said that the scheme, which is running out of money, would be extended to cover approximately 100,000 more cars and vans.
The… »
Archive for September, 2009
UK Car Scrappage Scheme to be Extended Announces Mandelson
Monday, September 28th, 2009September 28th, 2009 | Tags: 000, 100, car, Government, industry, Lord Mandelson, sales, scheme, scrappage, vans
Car Scrappage Scheme Continues to Drive Sales North
Monday, September 28th, 2009The UK Car Scrappage Scheme continued to boost sales as per the previous month with new car sales for August increasing 6% a year-on-year to just over 67,000. UK car sales for July increased by nearly 2.5%, which was the first rise since April 2008.
August Car Sales – The Best Sellers
1 Ford Focus 4,366
2 Ford… »
September 28th, 2009 | Tags: BMW, car, Fiesta, Focus, Ford, fuel-efficient, Hyundai, manufacturers, number plates, Peugeot, sales, scheme, scrappage, SMMT, Toyota Yaris, Vauxhall Astra, Vauxhall Corsa, Vauxhall Insignia, Volkswagen Golf
Deloitte Claims Scrappage Funds Could End This Week
Monday, September 28th, 2009The Engineering Employers Federation (EEF) has called for the UK Government to extend the Car Scrappage Scheme or risk further jobs losses and a continuing recession in the British manufacturing industry. The EEF. which acts as a lobby group for the UK motor industry, warned manufacturers of a ‘w’ double-dip style recession if additional scrappage funds… »
September 28th, 2009 | Tags: car, Deloitte, EEF, Government, incentive, incentives, industry, manufacturers, manufacturing, scheme, scrappage, SMMT
Warning of Serious Blow to UK Car Industry
Monday, September 21st, 2009“If the scheme ends in October and is followed by a 2% increase in VAT in January it will be a serious blow to the British car industry that’s just getting back on its feet.” warns Paul Everitt, CEO – SMMT.
Executives from the motor industry met with Business Secretary Lord Mandelson last week and called… »