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Scrappage Scheme Drives Car Sales to First Rise in Over a Year
New car sales in July rose year on year for the first time in 15 months as the Government’s Car Scrappage Scheme encouraged more buyers back into dealerships. Registrations rose 2.4%, the first rise since April 2008 and the Society of Motor Manufacturers and Traders (SMMT) were quick to declare the car scrappage scheme as… »
Scrappage Scheme Means A Big Boost for Mini Market
Year-on-year new car registrations fell by nearly 16% in June, compared to the 25% fall in May. However, the Car Scrappage Scheme has started to have a positive affect on the UK motor industry with this fall in sales being the smallest since July 2008.
The Society of Motor Manufacturers and Traders (SMMT) confirmed 176,264 units (cars and… »
Scrappage Scheme Boosts June New Car Orders
The Society of Motor Manufacturers and Traders (SMMT) has said the UK Car Scrappage Scheme has begun to have a “positive impact” on the industry as the decline in new car sales slowed to its lowest rates for almost a year.
176,264 new cars were sold in June, 15% above the SMMT prediction of 153,000, and… »