Cars Registrations SMMT News

Registrations through scrappage pass 315,000

08 February 2010 #Cars #Registrations #SMMT News

 

·         25,846 new cars were registered through the scrappage scheme in January, 17.8% of the month’s total.
·         Average CO2 emissions of a car bought through the scheme was 133.3g/km, almost 10% below the overall new car market average and 26.8% below the average figure for a scrapped car.
·         311,159 new car registrations went through the scrappage scheme by January, accounting for 20.4% of the new car market.
·         LCV registrations over the May to January period totalled 5,051 units, accounting for 3.7% of sales.
 
May 2009 – January 2010
Cars
LCVs
Total
Registrations through SIS
311,159
5,051
316,210
 
Commenting on the data, SMMT chief executive Paul Everitt said, “Scrappage accounted for 17.8% of January new car registrations, the lowest percentage since the first full month of the scheme. With funding for over 60,000 vehicles still available, we welcome last week’s announcement by government to delay the scrappage close date into March. Scrappage continues to provide an important stimulus to the new car market, although the decreasing reliance on the scheme to deliver market growth is encouraging news for post-scrappage stability.”

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