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04/03/2010
Scrappage Strengthens Car Sales
New car sales for February 2010 announced today, show that new cars sold in the month were 26.4% up on February 2009, the eighth consecutive monthly increase.
Latest Government figures show that 367,506 new vehicles have been ordered through the scrappage scheme since it went live. Over 19% of February sales were part of the scrappage scheme.
RMI Director, Sue Robinson said: "The scrappage scheme has tempted private buyers back into the new and used car market. However, the business market is still fragile with many fleet and business operators delaying the replacement of vehicles, though the beginning of 2010 has seen some positive signs in this sector with the fleet market up 17%.
"The small car sector has done particularly well under the scrappage scheme and from customers looking for value for money vehicles; this can be seen with marks such as Kia and Hyundai doing particularly well.
"The continuing outlook for 2010 is set to be challenging with a level of uncertainty being caused by the imminent general election, it is likely that tax rises, public spending cuts and the end of the scrappage scheme in March will make consumers more cautious in their spending, certainly in the shorter term."
(PR/GK)
Latest Government figures show that 367,506 new vehicles have been ordered through the scrappage scheme since it went live. Over 19% of February sales were part of the scrappage scheme.
RMI Director, Sue Robinson said: "The scrappage scheme has tempted private buyers back into the new and used car market. However, the business market is still fragile with many fleet and business operators delaying the replacement of vehicles, though the beginning of 2010 has seen some positive signs in this sector with the fleet market up 17%.
"The small car sector has done particularly well under the scrappage scheme and from customers looking for value for money vehicles; this can be seen with marks such as Kia and Hyundai doing particularly well.
"The continuing outlook for 2010 is set to be challenging with a level of uncertainty being caused by the imminent general election, it is likely that tax rises, public spending cuts and the end of the scrappage scheme in March will make consumers more cautious in their spending, certainly in the shorter term."
(PR/GK)
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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.
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.
18 March 2010
'Scrappage Hangover' Begins In Europe
Dramatic evidence of the shifting fortunes of the car industry is revealed in latest figures from the world’s leading provider of automotive data and intelligence, JATO Dynamics, which show the effects on brands and European sales figures, of declining new car demand in Germany.
'Scrappage Hangover' Begins In Europe
Dramatic evidence of the shifting fortunes of the car industry is revealed in latest figures from the world’s leading provider of automotive data and intelligence, JATO Dynamics, which show the effects on brands and European sales figures, of declining new car demand in Germany.
24 March 2010
Škoda Post-Scrappage Solution
Following the success of the Government’s car scrappage scheme which ended in February 2010, Škoda UK has introduced its own ‘Happy Swapping’ initiative. For those who missed out on the car scrappage scheme, Skoda is offering drivers who own a vehicle with a 52 registration or older, the chance to swap their old vehicle no matter the make or model.
Škoda Post-Scrappage Solution
Following the success of the Government’s car scrappage scheme which ended in February 2010, Škoda UK has introduced its own ‘Happy Swapping’ initiative. For those who missed out on the car scrappage scheme, Skoda is offering drivers who own a vehicle with a 52 registration or older, the chance to swap their old vehicle no matter the make or model.
09 March 2010
Surge Expected In Secondhand Market
With the scrappage scheme in its final month, consumer demand for £4-6,000 second-hand models is expected to surge as new cars become less value for money, says e-retailer Carsite.co.uk.
Surge Expected In Secondhand Market
With the scrappage scheme in its final month, consumer demand for £4-6,000 second-hand models is expected to surge as new cars become less value for money, says e-retailer Carsite.co.uk.
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Northern Ireland WeatherToday:Early mist and fog clearing to leave a dry and mainly sunny day, although patchy cloud possible through County Down. Warmest in the west with light east or northeast winds. Maximum temperature 20 °C.Tonight:Dry and bright at first but some areas of low cloud developing through the evening and overnight, particularly over southern counties and the north Antrim hills. Minimum temperature 10 °C.
