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Posts Tagged ‘budget 2010’

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Budget measures no help  

Budget measures no help

 

BUDGET measures such as the pothole tax and staggered fuel duty rise are not going to help new and used car dealers.
Ian Simpson, director at The Warranty Group reckons even the electric vehicle encouragement scheme is not going to help dealers ‘sell new and used cars or increase aftersales activity during 2010.
‘There are no [...]

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Budget: The headlines  

Budget: The headlines

 

CHANCELLOR Alistair Darling has revealed details of a delay to fuel duty rates in today’s budget.
The announcement means the full price rise originally scheduled for April 1 will not come into force until 2011.
But the Chancellor has made no announcement on delaying the controversial ‘Showroom Tax’. Thus, from April 1, there will be a [...]

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Budget: The reaction  

Budget: The reaction

 

WHAT does the budget mean to car dealers? Here industry experts explain all in our round-up.
Chancellor Alistair Darling delivered the Budget yesterday with a hold on fuel increases and more funding for road improvements, but what does it all mean?
Here, Car Dealer is publishing the opinion from the industry as and when we receive it.

SMMT [...]

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Showroom tax turn off  

Showroom tax turn off

 

MOTORISTS are going to be put off buying a new car because of the new showroom tax says a survey.
93 percent of those polled by Motorpoint will think twice about buying a new car.
It’s set to come into force on April1 – adding up to £515 to the first-year VED road tax of a new [...]

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Car production up 60%  

Car production up 60%

 

CAR production in the UK continues to skyrocket with February figures showing a huge 62.7 percent rise.
This is the 4th successive monthly rise.
Last month, 97,255 cars were built in the UK – and 70,482 of them were exported, which is good news for UK Balance of Payments figures.
‘The 4 month of consecutive growth in new [...]

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Budget will be March 24  

Budget will be March 24

 

GOVERNMENT chiefs have announced the 2010 Budget will be held on Wednesday 24 March.

Confirmation from Chancellor Alistair Darling has got immediate response from the SMMT.
In a pre-Budget submission, the SMMT called upon the Government to support long term investment for car makers and car dealers.
However, as the scrappage scheme ends, chief Paul Everitt has also [...]

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