The announcement of a £2000 scrappage incentive has officially met with a positive reaction from the car industry.
However, there are already rumblings from the car manufacturers themselves that they arer unhappy with the announcement. Follow the links to read further details.
Blog - German makers scrap over scrappagePaul Everitt, the chief executive of the Society for Motor Manufacturers and Traders (SMMT), which has been pushing hard for a scheme, said: "This is good news for consumers and will get people back into showrooms, kick-starting demand in the market.
"The scheme recognises the economic value of the motor industry and we are determined to make it a success. There is clearly a great deal to do and we look forward to discussing the finer detail of the proposal with government in the coming days."