Scrappage incentive scheme successful
· 29,796 vehicles have been registered under the scrappage scheme since its start
· Scrappage accounted for 9.7% of June’s new car registrations total with 17,014 units
The much anticipated vehicle scrappage scheme, which started on 18 May, is proving hugely popular and is working well, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).
In June, almost 10% of the total 176,264 new car registrations were as a result of the scrappage incentive scheme, giving a much needed boost to the UK motor industry. In the commercial vehicle sector, 323 vans were registered under the scheme, accounting for 1.9% of the total scrappage registrations and 1.9% of overall van registrations in June.
“The scrappage incentive scheme is working well and has encouraged a lot more people back into showrooms,” said SMMT chief executive, Paul Everitt. “In the coming months, we will see an increase in the rate of deliveries and this will confirm further progress on the industry’s long road to recovery.”
Download the report for more information.
Notes:
At €20 bn, the automotive sector is Europe’s largest investor in R&D, driving industry forward and helping deliver more sustainable motoring for the 21st century. Technological innovation has helped car and CV manufacturers slash CO2 and air quality emissions from vehicles. New diesel cars for example emit 95% less soot from the tailpipe than those made 15 years ago and average new car CO2 has been cut by 19% since 1997.
The energy needed to produce each vehicle is down 12%, water use is down 9% and waste to landfill is down 25%, compared to 2006 performance. CO2 emissions per vehicle produced have fallen 14% in the last year and by 45% since 1999. Almost 10,000 tonnes of waste have been prevented from entering landfill sites. For more details, download SMMT’s ninth annual Sustainability Report from the SMMT website www.smmt.co.uk/publications.
