Scrappage success

News

UK new car registrations rose for the first time in 15 months as the effects of the scrappage scheme boosted July orders.

new car registrations rose for the first time in 15 months as the effects of the scrappage scheme boosted July 2009 orders.

Figures released by the Society of Motor Manufacturers and Traders (SMMT) revealed a 2.4 per cent increase in new car sales in July.

Registrations from private buyers were up for the second successive month, with a 33.4 per cent rise in July. Small car registrations more than trebled from the same period last year and supermini volumes, accounting for 37.5 per cent of all registrations, were up by 15.7 per cent.

The SMMT has attributed the rise to an increase in orders from the scrappage scheme launched in May. However, it warned that the industry is still a long way from recovery.

Paul Everitt, SMMT chief executive, said: ‘The impact of the scrappage scheme is clear and we are encouraged by the positive impact it has had, increasing new car registrations for the first time since April 2008.

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