Scrappage had ended, and the government has released figures on its impact.
The £2000 grant to scrap an old car in exchange for a new one was funded between the car manufacturer who was selling the car and the government.
Lord Mandelson, business secretary, said: “The scheme was always time limited and today as it closes I am pleased to see scrappage has delivered the results we aimed for – not just for manufacturers, but for the whole industry and its supply chain."
Scrappage facts released by the Department for Business, Innovation and Skills include:- Scrappage accounted for approximately 20 per cent of all new car registrations during the period it ran.- 54 per cent of scrappage buyers surveyed had never bought a new car before- 56 per cent of surveyed buyers said they would not have bought any vehicle if the scrappage scheme had not been introduced - Cars bought through scrappage had average CO2 emissions of 133g/km – 27 per cent lower than the average CO2 of scrapped cars- The average age of cars scrapped under the scheme is just over 13 years - 90 per cent of all cars scrapped in the scheme were between 10 and 16 years old- Government data estimates that there may have been as many as 4000 jobs supported by the scheme at manufacturers and suppliers across UK- Of those surveyed 6 per cent of car owners who bought a new vehicle under the scheme were over 60 years old
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Re: Scrappage facts released
Re: Scrappage facts released
Re: Scrappage facts released
If the scheme was such a brilliant success then why don't they keep it going permenantly? I guess the answer is it wasn't the success they wanted it to be. I'm sure Hyundai dealers would disagree. But I can't honestly say I care very much about Hyundai dealers. Or indeed, Hyundai cars.