Tuesday, July 07, 2009
NFDA: Scrappage impact in coming months.
'The true impact of the vehicle scrappage scheme will be felt over the next few months, as the volume of orders made via the scheme are processed and consumers receive their cars,' says Sue Robinson, Director of the RMI National Franchised Dealers Association (NFDA), representing the UK's car dealers.
New car sales for June 2009, announced today (Monday 6 July 2009) show that 176,264 new cars were sold in June, 15.7% per cent down on June 2008.* One positive sign is the return of the private buyer to the new car market, particularly encouraged by the scrappage scheme.
According to Robinson, 'It can take up to two months for a new car purchase to go from the initial order to the delivery to the customer, so most of the purchases made under the scrappage scheme have yet to translate into sales. We expect the full impact of the scheme to make itself felt from next month onwards.'
*Sales figures courtesy of the Society of Motor Manufacturers and Traders (SMMT)
DATED: 07.07.09
FEED: AW
