New car sales drop 34 per cent in May as scrappage hangover continues
3 June 2010

New car sales in Germany fell for the sixth consecutive month in May as the country’s scrappage hangover continued.

Sales fell 34 per cent year on year last month and sales have been steadily declining since scrappage ended in the country back in September.

The figures for the first five months of this year are down 28 per cent year on year in Germany, Europe’s largest market for new car sales.

Mercedes was a particular opponent of the scrappage scheme when it was launched in Germany, claiming it brought forward sales of new cars that would have been sold at a more sustainable rate in the future.

Italian new car sales for May also declined 13.79 per cent.

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6

3 June 2010

Oops, now what do we do to prop up the ailing motor industry? Scrappage II? Forced scrappage of cars over 7 years old, whether you like it or not? The car manufacturers would love that...

3 June 2010

[quote Oilburner]Forced scrappage of cars over 7 years old, whether you like it or not?[/quote]

He he, like a Logan's Run for cars...


3 June 2010

The scrappage scheme has worked well in France for many years, a country less sentimental than the UK about "classic" cars.

The German drop in sales must have a fair amount to do with that country propping up Greece, the general volatility of economies internationally. On top of that, and the uncertainty it brings to ordinary families an budgets, drivers are aware cars are more duarable than in the past; there's no real status to gain by trading in your three year-old model for the latest one only to parade a new configeration of bumper and headlights.

3 June 2010

[quote Oilburner]Forced scrappage of cars over 7 years old, whether you like it or not?...[/quote]

Talking of which - Isn't it the law in Japan that no cars over 10 years old are allowed on the road? Sure I read that somewhere...

3 June 2010

Why are most other countries able to publish the sales figures within a few days of the month turning over, yet it takes the SMMT here over a week to publish our figures?

In the US, the figures (for a much larger market) are published with in a couple of days.

Why are we so slow?

3 June 2010

[quote zoomzoom]

Talking of which - Isn't it the law in Japan that no cars over 10 years old are allowed on the road? Sure I read that somewhere...[/quote]

Something like that. Don't they have a really strict MOT at around 5-7 years old, which forces rubber seals to be replaced etc, so it's not financially viable. Hence the large number of middle age Jap imports we, Oz and NZ get? It amounts to the same thing, I guess.

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