The fourth month of consecutive growth in new car production is encouraging news for industry
The UK motor industry has delivered a stark message to the Chancellor as the 2010 Budget was declared for Wednesday 24 March.
Commenting on the data, SMMT chief executive Paul Everitt said, “The scrappage scheme ends this month and has provided a vital stimulus during a difficult period.
Average new car CO2 emissions fell by their biggest ever margin last year with the impact of recession and the Scrappage Incentive Scheme…
“Scrappage has generated eight consecutive months of growth in the new car market and we expect its benefits to stretch beyond the scheme’s closure later this month,” said SMMT chief executive, Paul Everitt.
“The significant rise in December vehicle production is welcome news and signals some greater stability across global automotive markets,” said SMMT chief executive Paul Everitt.
“The December new car market was boosted by the Scrappage Incentive Scheme and consumers looking to avoid January’s VAT increase,” said Paul Everitt, SMMT chief executive.
“The increase in new car registrations in November reflects the positive impact of the Scrappage Incentive Scheme, customers avoiding the VAT increase in January and the very difficult conditions we experienced a year ago,” said Paul Everitt, SMMT chief executive.
The rate of decline in UK car production continued to fall in October, against a weak 2008.
“The rate of decline in new car production slowed to its lowest level in a year with the volume of vehicles being produced for the UK market comparatively high,” said Paul Everitt, SMMT chief executive.