NEWS

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 [...]

CO2 emissions fell by the largest ever amount in 2009 thanks to the effects of the scrappage scheme.

The average new car emitted 149.5g/km CO2 – 21.2 percent less than in 1997. Furthermore, the average car sold under the scrappage scheme emitted just 133.3g/km, 26.8 percent less CO2 than the average scrapped car.
It’s also 5.4 percent [...]

FORD yet again leads the way for new car sales with latest February 2010 data giving it another 1-2.
The Fiesta topped the new car sales charts with 3236 units sold. Ford’s Focus was 2nd with 3035 sales.
In 3rd place, but more than 500 units behind, was the Volkswagen Golf with 2586 sales. That was [...]

STRONG February new car sales have been boosted by the extension to the scrappage scheme say dealers.
The RMIF says the decision to extend the scheme into March, coupled with last year’s extra funds for the scheme, means sustained demand has benefited showroom traffic.
Scrappage sales accounted for more than 19 percent of sales in February, with [...]

SALES figures for February have been released and continue to show a scrappage scheme boost.
The market rose by 26.4 percent compared to 2009, with 68,686 new car sales.
Scrappage accounted for 19.6 percent - making February the 8th consecutive month of new car sales growth, said SMMT chief Paul Everitt.
As much of the increase is attributable [...]

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 funding. ,’ said [...]

NEW car sales for January rose by almost 30 percent with 145,479 new motors sold by car dealers.

SMMT official have confirmed this is the 7th successive month of new car sales rises.
This rise has come despite the introduction of the new 17.5 percent VAT rate - suggesting that the UK new car market now has [...]

FORD once again took the top 2 sales slots in the UK new car sales chart with the Fiesta top dog.
It was followed up by the Ford Focus, continuing a Ford 1-2 trend.
Other brands had reason to celebrate too, though. Hyundai came in 8th with its scrappage-smash-hit i10, while the Audi A3 was also a [...]

BUSINESS minister Ian Lucas MP has acknowledged car industry success with the latest UK production boost.

‘The automotive industry has had a difficult year, but industry and Government have taken action to help manage the challenges.’

The results of this can be seen in December’s rise in UK car production, offsetting a [...]

UK car production leapt nearly 60 percent in December – the biggest rise recorded since May 1976.

Latest figures from the SMMT show that, last month, 85,316 cars were built in the UK.
This takes the full-year total to 999,460. Yes, just a smidgen below the 1 million mark. Alas, this is still nearly 31 percent down [...]