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08/01/2010
December New Registration Growth
New car registrations rose in December by 38.9% to 150,936 units, it has been revealed.
However, full year registrations were down 6.4% to 1,994,999 units, the lowest level since 1995.
Since its introduction, the scrappage scheme has accounted for over a fifth of all new car registrations and is estimated to represent 20.8% of the December market.
Average new car CO2 emissions fell by 5.4% on the 2008 level to 149.5g/km in 2009.
"The December new car market was boosted by the Scrappage Incentive Scheme and consumers looking to avoid January’s VAT increase," said Paul Everitt, SMMT chief executive.
"The 2009 market of 1,994,999 new car registrations was significantly above early expectations and reflects the positive impact of the scheme, due to end in February."
He said another "tough year" awaits the UK motor industry in 2010, with new car registrations expected to be below 2009 levels and only limited recovery in the van and heavy commercial vehicle markets.
"Sustaining the progress made in the latter part of 2009 will require stronger demand from fleet and business buyers, alongside the greater availability and affordability of credit and finance," he added.
(PR/BMcC)
However, full year registrations were down 6.4% to 1,994,999 units, the lowest level since 1995.
Since its introduction, the scrappage scheme has accounted for over a fifth of all new car registrations and is estimated to represent 20.8% of the December market.
Average new car CO2 emissions fell by 5.4% on the 2008 level to 149.5g/km in 2009.
"The December new car market was boosted by the Scrappage Incentive Scheme and consumers looking to avoid January’s VAT increase," said Paul Everitt, SMMT chief executive.
"The 2009 market of 1,994,999 new car registrations was significantly above early expectations and reflects the positive impact of the scheme, due to end in February."
He said another "tough year" awaits the UK motor industry in 2010, with new car registrations expected to be below 2009 levels and only limited recovery in the van and heavy commercial vehicle markets.
"Sustaining the progress made in the latter part of 2009 will require stronger demand from fleet and business buyers, alongside the greater availability and affordability of credit and finance," he added.
(PR/BMcC)
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16 December 2009
Motor Finance Growth Cautiously Welcomed
New motor finance statistics have shown a strong demand from consumers for new cars, according to Finance & Leasing Association (FLA). But motor finance providers have remained cautious about the prospects for 2010 as the UK slowly recovers from recession.
Motor Finance Growth Cautiously Welcomed
New motor finance statistics have shown a strong demand from consumers for new cars, according to Finance & Leasing Association (FLA). But motor finance providers have remained cautious about the prospects for 2010 as the UK slowly recovers from recession.
14 January 2010
Registrations Through Scrappage Rises
New car registrations through the scrappage scheme totalled 284,479 between May and December 2009, according to data from the Society of Motor Manufacturers and Traders (SMMT). Scrappage accounted for 20.9% of all new car registrations in December, while LCV scrappage registrations over the May to December period totalled 4,494 units.
Registrations Through Scrappage Rises
New car registrations through the scrappage scheme totalled 284,479 between May and December 2009, according to data from the Society of Motor Manufacturers and Traders (SMMT). Scrappage accounted for 20.9% of all new car registrations in December, while LCV scrappage registrations over the May to December period totalled 4,494 units.
09 February 2010
Scappage Registration Passes 311,000
Around 25,846 new cars were registered through the scrappage scheme in January - 17.8% of the month’s total - new figures have revealed. Average CO2 emissions of a car bought through the scheme was 133.3g/km, almost 10% below the overall new car market average and 26.
Scappage Registration Passes 311,000
Around 25,846 new cars were registered through the scrappage scheme in January - 17.8% of the month’s total - new figures have revealed. Average CO2 emissions of a car bought through the scheme was 133.3g/km, almost 10% below the overall new car market average and 26.
21 January 2010
Manufacturer Scrap Scheme Predicted
Kevin Gaskell, motoring expert and Chairman from Motoring.co.uk, has given his prediction of how the automotive industry will react to the ending of the governments scrappage scheme. "The scrappage scheme has brought forward into 2009 many new car sales which normally would have occurred in 2010.
Manufacturer Scrap Scheme Predicted
Kevin Gaskell, motoring expert and Chairman from Motoring.co.uk, has given his prediction of how the automotive industry will react to the ending of the governments scrappage scheme. "The scrappage scheme has brought forward into 2009 many new car sales which normally would have occurred in 2010.
19 October 2011
Volvo Tops League In Cutting C02
The Volvo Car Corporation tops the tables among European carmakers when it comes to reducing carbon dioxide emissions. This is shown in the sixth annual analysis conducted by T&E, the European Federation for Transport and Environment. "We are delighted and very proud of this result.
Volvo Tops League In Cutting C02
The Volvo Car Corporation tops the tables among European carmakers when it comes to reducing carbon dioxide emissions. This is shown in the sixth annual analysis conducted by T&E, the European Federation for Transport and Environment. "We are delighted and very proud of this result.
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