Monday, 30 March 2009

What On Earth Is Scrappage?

It's an innovation currently being run in Germany which combines the potentially climate helpful eradication of older polluting cars with a real stimulation of the new car market to help boost the economy.

It is proving to be an enormous success in Germany and the UK is one of many countries looking on with great interest.

It involves the scrapping of cars that are more than 10 years old in exchange for a voucher worth approximately £2000, which can be used towards the purchase of a new or 1 year old car.

www.scrappage.org.uk

Saturday, 21 March 2009

Most U.K. buyers favor scrappage

Most U.K. buyers favor scrappage incentives, says SMMT

John Revill
Automotive News Europe
March 17, 2009 12:54 CET

More than three quarters of United Kingdom consumers want a scrappage incentive to boost new-car sales, according to a survey by the country's automotive association.

Some 76 percent of British consumers want a scrappage scheme similar to those in other European countries, says the Society of Motor Manufacturers and Traders (SMMT).

Source: www.autonews.com