Wednesday, January 5, 2011

Scrapping scheme "Boost" car sales

Car sales were 15.7% weaker last month than in June 2008, according to the latest industry figures.

The society of motor manufacturers and traders (SMMT) showed 176,264 cars were sold in June, down from 209,190 in June 2008.

Sales were slower 25.9% while the SMMT show the first half of 2009 as waren.Allerdings is in the same period in 2008 to a slowdown in the monthly decline - the smallest since July 2008 is the Government Scrappage - prove, schema is launched to support the industry.

The Government revealed last month that the initiative between 22 April and June were bought in 60,000 cars.

The best-selling brand was in June before the Opel and Volkswagen, selling 29,803 vehicles - sold a year-on-year increase of 4 %.Vauxhall 34.5% fewer cars than in June last year, while Volkswagen fell sales of 18.7%.

Paul Everitt, SMMT Chief Executive, said: "We are now beginning to see to translate the positive impact of Scrappage regulation in new vehicle registrations."

"SMMT is expected to increase the pace of improvement in the coming months, but we see already industry makes steady progress towards long recovery."


View the original article here

Share This!


No comments:

Post a Comment

Powered By Blogger · Designed By Car Insurance