Wednesday, August 19, 2009
RMIF consults with members on scrappage
Motor Trader research
Recent research carried out by Motor Trader found most motor dealers want the scheme to be extended.
The current scheme, announced in the April Budget and launched mid-May, has boosted new car sales and given a stimulus to dealers' aftersale business.
Retail motor Industry Federation director Sue Robinson said the scheme has given "a vital boost" to the UK automotive sector during a critical period.
Boosted footfall
"It has boosted footfall into new car showrooms, enabled many consumers to buy a new car who would have otherwise been unable to do so, and has provided a halo effect to the overall car sales market, " said Robinson.
So far, 154,927 vehicle orders have been made under the scrappage scheme which is due to in February 2010, or when the Government £300m funding is exhausted.
"We are in the process of consulting the RMIF's members on whether we should lobby Government for the scheme to be continued in or beyond 2010, and we will be making an announcement shortly, " said Robinson.
DATED: 19.08.09
FEED: MT
