Scrappage has helped boost car sales for the third consecutive month, according to new industry figures.
New car registrations increased 11.4 per cent last month to 367,929 units, said the Society of Motor Manufacturers and Traders.
See the high-res scrappage special picture gallery
The UK’s scrappage incentive scheme was last week extended for a further 100,000 cars, a move the SMMT believes will continue to stimulate sales into next year.
“New car registrations rose for the third month in a row in September. Market conditions remain challenging, with demand being underpinned by the extremely successful scrappage incentive scheme,” said SMMT chief executive Paul Everitt.
“The extension of the scheme will help to sustain demand through the latter part of this year and into 2010. This will allow economic recovery to strengthen and safeguard valuable industrial capability.”
Join the debate
Add your comment
Re: Scrappage boosts car sales
Boring, all of those other arguments have been done a thousand times, the article mentioned scrappage boosting car sales, that is what a few of us have replied to and about.
There is no point bleating and moaning about what should or should not have been done.
Re: Scrappage boosts car sales
Why should we subsidise car dealers when we haven't subsidised Woolworths and all the other High Street names that have recently disappeared. The present system is inefficient, with block exemption and also manufacturers putting artificially high barriers to entry. Let these plate glass palaces go to the wall, and as with the banks hope that a better model may arise from the ashes.
Re: Scrappage boosts car sales
What about the other story of the inflation of list prices since this scheme was announced, this country is broke thanks to the last 30 years of winding down manufacturing, the only way the public sector can keep going is the increased tax revenue created by inflated prices, I can see this as also the only reason why the government does nothing about the energy companies over charging us while the cost to them has dropped. Bring on the revolution and I don't mean the Eton Rifles (Dave & George) they seem worse than what we have now.