UK Car Sales up almost 60% in November
Posted on December 4, 2009
Filed Under Car Scrappage, News |
The BBC reports that car sales were up 57.6% this November, compared with figures a year earlier. Although this rise needs to be taken with a pinch of salt, as this time last year the recession was just kicking in, it is great news for car makers and sellers across the country. The UK car scrappage scheme is considered largely to thank for this up-turn.
According to the SMMT (the Society of Motor Manufacturers and Traders) 158,082 cars were registered last month. “The increase in new car registrations in November reflects the positive impact of the scrappage incentive scheme, customers avoiding the VAT increase in January and the very difficult conditions we experienced a year ago,” said Paul Everitt, chief executive of the SMMT. Given that the UK vehicle scrappage incentive has been extended to cover another 100,000 cars and will run into March 2010 - when it currently ends, so motorists interested in taking advantage of this cashback incentive need to get moving fast!
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