Posts Tagged ‘car sales’

Car Scrappage Scheme has no effect on UK car sales

Saturday, July 11th, 2009

The Government’s £300m car scrappage scheme seemed to have failed and had no real impact on the new car sales after we saw a 24% decrease in new car sales last month.
The Government’s scrappage scheme provides the consumer with £2000 towards a new model car when they scrap their old car if it’s older than [...]

Scrappage scheme has no effect yet as car sales drop by 25%

Thursday, July 9th, 2009

UK sales of new cars were down by a quarter in May compared to the same time last year, despite the government’s introduction of a £300m scrappage scheme to encourage buyers back into the new car market. Sales figures have plummeted by 24.8%, meaning that sales have dropped for 13 consecutive months.
A total of [...]

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