UK car sales rose by 57.6 per cent in November compared with a year earlier.
There were 158,082 cars registered last month, according to the Society of Motor Manufacturers and Traders (SMMT). However, it added that last November's figures were particularly poor.
UK car sales to drop next year
The SMMT also revealed that, so far this year, 1.84 million cars have been sold in the UK, 8.8 per cent lower than at the same point last year.
"The increase in new car registrations in November reflects the positive impact of the scrappage incentive scheme, customers avoiding the VAT increase in January and the very difficult conditions we experienced a year ago," said Paul Everitt, SMMT chief executive.
The scrappage scheme accounted for 21.6 per cent of all new car registrations in November, according to the SMMT.
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Re: November car sales up 57.6%
How about this then, start a new scrappage scheme, but this time for cars eight years and older,this sliding scale could go down as far as five years and older, this might keep the figures steady year on year and there'd be less polluting cars on the road and more car workers in jobs.Also, why is there never a monthly figure given for second hand car value's?, nobody trusts the garage values, there's never regular items on the subject, and most mags don't publish these figures anymore.
Re: November car sales up 57.6%
What a surprise!
You'd think they'd be grateful for the assistance so far. I know the SMMT is only standing up for its members, but I think they've been very fortunate, compared top some other equally important sectors of the economy.
Re: November car sales up 57.6%
Cue the SMMT, Autocar and the like starting to whinge about how the end of scrappage and the VAT hike will mean disaster to the motor industry...
Welcome to the real world..