NEWS

SMMT support has been granted to the BIS managed rundown of the scrappage scheme which starts today. ‘It ensures the fairest means of distributing the remaining scrappage funding,’ sys the car industry body. ‘The quota system will ensure an orderly end to the scheme with buyers and manufacturers both having a clear understanding of available [...]

CAR Dealer Magazine has been sworn to secrecy. And, when we’re given embargoes, we respect ‘em. Man, it’s frustrating sometimes, though! I’ve just got back from Central London, where I’ve been listening to a full-on briefing all about the exit phase of the scrappage scheme. Held by BIS top names, it was literally an exclusive: [...]

CAR Dealer Magazine has sourced official information on how the final stages of scrappage will operate. Car makers have already agreed they will take part in a 2-phase quota system, to fairly allocate remaining subsidies. Today, BIS has finally revealed the logistics of how this will all work. It points out, too, that it’s a [...]

WHICH car maker is leading the scrappage sales league so far? The third best-selling maker in the UK, that’s who. Hyundai has sold 12.747 scrappage cars, reveal figures from Government body the BIS – more even than Ford, which has sold 12,228. It’s a result that shows the scale of how Hyundai has embraced scrappage. [...]