Trade bodies welcome scrappage extension

Trade bodies welcome scrappage extension

29/09/2009 in News, All News, Dealer News

print twitter fb in
Was this article useful?

Click the thumbs up >

Trade bodies welcome scrappage extension

News that scrappage has been extended and now includes eight-year-old vans has been welcomed by trade assocations.

SMMT chief executive Paul Everitt said the extension was a decision "that will inspire consumer and business confidence".

He added: "It will help to stimulate demand, giving more consumers access to it, and create a bridge to a period when economic growth is strengthened and more sustainable.

 “The additional 100,000 vehicles should help to counter the likely negative impacts of a return to the higher rate of VAT and the introduction of first year VED rates.”

At the RMIF, Paul Williams, chairman of the National Franchised Dealers Association, said the extension would safeguard many jobs in the retail and manufacturing sectors.

He described the extension as "a victory for common sense over dogma".

The rules on the trade-in vehicle have been amended to include cars registered before February 28, 2000, and vans registered before February 28, 2002.


comment-top

Comment:

(no need to login)

Your name:

Your email:

(will not be shown)



Please enter the code above.



Notify me when people reply

Click here to login to leave a comment
comment-bottom

Comments (0)

poll header

Do you think Peugeot Citroen's model cull is a positive step for the company in the UK? Please leave a comment when you vote.

YES: 0 %

NO: 0 %


Vote now
.
.