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The Scrappage Incentive Scheme is having a positive impact in reducing average CO2 with over 70% of all new registrations under the scheme being smaller, more fuel efficient models, according to data published by The Society of Motor Manufacturers and Traders (SMMT). SMMT regularly publishes scrappage incentive registration figures and has collated further data to provide more detail on vehicles bought through the scheme.
Commenting on the data, SMMT chief executive Paul Everitt said, “Since launching, the Scrappage Incentive Scheme has provided a welcome boost to new car registrations. Not only is it helping to reduce average CO2 emissions, but it is putting safer vehicles on our roads. The scheme should help to sustain demand into 2010 and have a positive impact on UK manufacturing and new car registrations during the first half of the year.”
Average CO2 emissions
New cars registered through the scheme had an average CO2 value of 132.1g/km. This was 10.9% below the average of all new cars registered between May and September, of 148.2g/km, and 27.4% below the average CO2 of the scrapped car. The average CO2 emissions of old cars scrapped through the scheme is estimated to be 181.9g/km (based on weighted segment data for 1997 vintage cars, average age of scrapped vehicle being 12.6 years).
For more detail, please see the attached files.
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