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30th of December 2010
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News Tag: scrappage schemes

October 17, 2010

European car sales fall in September

by Kay Murchie
European car sales fall in September
The European Automobile Manufacturers Association (ACEA) has revealed registrations of new cars in Europe fell in September on year. According to the ACEA, 1.26 million cars were registered, a fall of 9.2% on last year’s levels. September represents the sixth consecutive monthly fall as incentive schemes to boost the ailing car industry have expired. In the UK, new car sales fell by 8.9%, ...




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 ...




May 17, 2010

European car sales fall in April

by Kay Murchie
European car sales fall in April
The European Automobile Manufacturers Association (ACEA) has today revealed registrations of new cars in Europe fell in April on year - the first annual fall in 10 months. According to ACEA, 1.14 million cars were registered, a fall of 7.4% on last year’s levels. However, a decline was expected after incentive schemes to boost the ailing car industry have expired. Germany, whose scrappage scheme ...




March 16, 2010

European car sales rise 3.2% in Feb

by Kay Murchie
European car sales rise 3.2% in Feb
The European Automobile Manufacturers Association has today revealed registrations of new cars in Europe grew an annual 3.2% in February to 1,000,754 vehicles. However, a severe fall of 30% was noted in Germany as the country’s scrappage scheme expired, but the fall was offset by growth in Italy and the UK, which still have incentive packages in place. Overall, sales in the ...




October 20, 2009

Chinese car production soars due to high demand

by Kay Murchie
”Chinese
Chinese state media has reported that annual car production in China has accelerated and topped the 10 million mark for the first time and is set to overtake the world's leading economies. Only the US and Japan (the world’s number one and two economies) have produced 10 million cars in a single year. China’s car industry has expanded rapidly ...




September 16, 2009

Calls to renew scrappage scheme

by Kay Murchie
”Calls
Carmakers are concerned that sales of new cars will decline once the successful scrappage schemes come to an end. The BBC has reported that Ford and Toyota want the UK Government to extend the scheme. The schemes, which were implemented to boost car sales, have been successful after the Society of Motor Manufacturers and Traders (SMMT) recently reported a further rise in UK car ...