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News Tag: expire

June 15, 2010

European car sales fall in May

by Kay Murchie
European car sales fall in May
The European Automobile Manufacturers Association (ACEA) has today revealed registrations of new cars in Europe fell in May on year. According to ACEA, 1.12 million cars were registered, a fall of 9.3% on last year’s levels. European car sales also slumped in April, by 7.4% on year, but a decline has been expected after incentive schemes to boost the ailing car industry ...



March 31, 2010

UK car scrappage scheme ends today

by Kay Murchie
”UK
The UK’s car scrappage scheme, which was introduced last May to boost the ailing car industry, expires today after giving the car industry a much-needed boost. The £400 million initiative paid drivers of cars at least 10 years old £2,000 off the price of a new vehicle. The £2,000 grant was made up of £1,000 from the Government and £1,000 from the ...



January 22, 2010

UK car production falls 47.5% on year

by Kay Murchie
”UK
Figures published today by the Society of Motor Manufacturers and Traders (SMMT) revealed a severe fall UK car production. Car output fell 47.5% in December compared with a year earlier, with 53,823 cars produced. For the 2009 year as a whole, 1,446,619 cars were produced - a fall of 5.7% on the previous year. The poor year-end figures from the SMMT has ...