Wednesday, August 19, 2009
Pendragon latest to call for renewal of scrappage
Renewal of scheme
Chief executive Trevor Finn said there was a probability that the scrappage scheme would be renewed as it had proved successful for the government.
Finn has become the latest leader in the car business to back a call for the renewal of the scrappage scheme.
Earlier this year, Ford of Britain managing director Nigel Sharp told Motor Trader the UK's number one carmaker wanted the scheme to be extended and that it was good for business.
The current scheme, announced in the April Budget and launched mid-May, has boosted new car sales and given a stimulus to dealers' aftersales business.
RMIF polls members
Retail Motor Industry Federation director Sue Robinson said the scheme had given "a vital boost" to the UK automotive sector during a critical period.
A poll carried out by Motor Trader last month found the majority of dealers want the scheme to be continued in some form.
But independent garages say they have lost business because of scrappage. Older cars are being scrapped instead of going through MoTs and being serviced.
DATED: 19.08.09
FEED: MT
