scrappage scheme
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Market Insight 9 JulSMMT ‘bitterly disappointed’ by Chancellor’s omission of automotive stimulus
The Society of Motor Manufacturers and Traders (SMMT) has expressed “bitter disappointment” over the omission of an automotive sector stimulus package in the Chancellor of the Exchequer’s ‘mini budget’.
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Latest News 6 Jul
Italian parliament gives green light to new car scrappage scheme
Car retailers in Italy will benefit from a post-COVID sales boost after the country’s government gave the green light to scrappage scheme incentives for buyers.
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Manufacturer 25 JunToyota and Lexus offer motorists discounts through scrappage schemes
Toyota and Lexus are offering discounts of up to £4,000 to owners of older vehicles to trade up to a brand-new car with the launch of its own its scrappage schemes.
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Market Insight 10 JunScrappage scheme reports stall V-shaped car retail sector recovery
Almost a third of new car buyers are putting-off their next purchase as they await a Government announcement about a potential car scrappage scheme.
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Market Insight 8 JunScrappage scheme could hand car buyers £6,000 EV buying incentive
A Government-back new car scrappage scheme could be set to boost the automotive retail sector with incentives of up to £6,000 to switch into an electric vehicle (EV), it has been claimed.
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Market Insight 4 Jun
Germany backs electric vehicle sales in €130bn COVID-19 recovery package
German Chancellor Angela Merkel’s coalition has followed the lead set by French president Emmanuel Macron in increasing its grant funding for electric vehicle (EV) buyers as part of its COVID-19 stimulus measures.
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Manufacturer 28 May2020 registrations based on ‘major assumptions’, says Mazda’s Peter Allibon
Mazda UK sales director Peter Allibon has said that 2020 new car registrations forecasts have had to rely on some “fairly major assumptions” on what can be achieved by retailers before the end of the year.
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Latest News 27 May
French Government outlines £7.1bn automotive sector COVID-19 recovery support
The French Government will offer car buyers grants of over £6,000 and drive domestic vehicle manufacturing through a £7.1 billion COVID-19 recovery package for its automotive sector.
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Manufacturer 15 MayPSA Group confirms Government talks over car scrappage scheme
The PSA Group is in talks with the UK Government about the possibility of car scrappage scheme incentives to boost the automotive retail sector in the wake of the COVID-19 coronavirus crisis.
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Market Insight 5 May
Europe’s automotive associations issue call for car scrappage scheme
Four industry associations representing Europe’s automotive sector have joined forces to call for car scrappage schemes as part of a 25-point COVID-19 coronavirus recovery plan.
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Market Insight 5 MayCar retail seeks sales stimulus after 97.3% COVID-19 lockdown slump
The National Franchised Dealers Association (NFDA) has said that it is vital that Government and car manufacturers “evaluate a support package that stimulates the market” following April’s 97.3% sales slump.
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Market Insight 29 AprEuropean car market set for U-shaped COVID-19 recovery as China rallies
The European new car markets should expect a U-shaped recovery after being hit hard by the COVID-19 coronavirus outbreak in March, according to global sales data compiled by Jato Dynamics.
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Market Insight 27 AprCarmakers will be driven ‘to the edge’ without scrappage scheme stimulant
A CO2 emissions-reducing car scrappage scheme is needed in order to avoid a perfect storm of falling sales and soaring fines from stringent new EU regulations driving carmakers ‘to the edge’.
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Market Insight 9 MarCoventry motorists urged to ditch cars with £1m scrappage scheme
Car retailers in Coventry will not benefit from the pilot of a vehicle scrappage scheme which is set to pay motorists £3,000 to take more polluting older vehicles off the road.
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Manufacturer 26 NovMitsubishi launches £4,500 Outlander PHEV scrappage offer
Mitsubishi Motors in the UK has joined the scrappage scheme scramble with the offer of a £4,500 discount on its Outlander PHEV plug-in hybrid SUV.
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Manufacturer 20 NovMazda Scrappage Scheme Upgrade Plan delivers £6,000 savings
Mazda is offering customers buying a car before the end of 2019 the chance to save up to £6,000 when they trade-in an older car through its newly-launched Scrappage Scheme Upgrade Plan.
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Manufacturer 11 NovCitroën UK launches £5,000 discount car ‘scrappage’ scheme
Citroën UK is offering customers the chance to save £5,000 on a new C3 Aircross Compact SUV, New C5 Aircross SUV or C4 Cactus Hatch as part of a car ‘scrappage’ scheme aiming to reduce vehicle emissions.
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Market Insight 25 OctNFDA shows franchised car dealers’ appeal amid ownership headwinds
The National Franchised Dealers Association (NFDA) Consumer Attitude Survey has revealed evidence of consumers increased interest in car dealership visits despite warnings that buyers intention is failing.
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Latest News 24 OctCargiant to transform HQ into London EV centre
Cargiant owner Geoff Warren has spoken of plans to transform the business’s London headquarters into a specialist electric vehicle (EV) centre.
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Market Insight 23 OctLow income Londoners benefit from £2,000 ULEZ car scrappage scheme
The Mayor of London Sadiq Khan will give low income and disabled Londoners the chance to swap into a lower emitting new vehicle with the extension of the capital’s £2,000 vehicle scrappage allowance scheme.
