Scrappage gains continue
October 27th, 2009 by Richard Aucock
SCRAPPAGE is not only boosting car sales, but it is also meeting a green aim of cutting CO2, says the SMMT.
Registrations from May to September numbered 181,092, with cars forming over 178k of this total.
This number is, of course, distinct to scrappage orders, which currently stands significantly higher.
SMMT chief executive Paul Everitt said that ‘since launching, the Scrappage Incentive Scheme has provided a welcome boost to new car registrations.
‘Not only is it helping to reduce average CO2 emissions, but it is putting safer vehicles on our roads.
‘The scheme should help to sustain demand into 2010 and have a positive impact on UK manufacturing and new car registrations during the first half of the year.’
CO2 reductions hold some of the biggest scrappage wins. Cars sold through the scheme emitted an average of 132.1g/km. That’s 10.9 percent below the non-scrappage average – and a hefty 27.4 percent lower than the average scrapped car.
Critics who say the scheme isn’t green need to consider the ecological advantages of taking motors pumping out an average of 181.9g/km off our roads.
The SMMT also offered a little more analysis of the scheme…
Scrappage registrations by segment
The majority, 72.2% of cars registered through the scheme are small cars, from the mini and supermini segments. The next-biggest sector is lower medium, with upper medium coming next in the number of scrappage sales.
Interestingly, by far a greater proportion of SUV and MPV vehicles were sold new than scrapped and taken off the road…
Scrappage registrations by sales type
98.5 percent of scrappage registrations are to private retail customers. No surprises for car dealers there…
Scrappage registrations by fuel type
Petrol cars account for 85% of cars bought through the scrappage scheme. Without scrappage, they represent less than 60 percent of new car sales.
Tags: new car scrap, scrappage, SMMT