The official figures are in for September 2009 and are they’re up 11.4% with 367,929 units being registered. Obviously the scrappage scheme is still having a massive impact, but with the market in September last year already depressed is it really having the impact that people were hoping for?
From SMMT:
· New car registrations were up 11.4% in September to 367,929 units.
· The scrappage incentive scheme continues to provide the stimulus for growth.
· Registrations from private buyers and of small cars rose strongly in September.
· Average new car CO2 emissions fell 4.9% over the year-to-date to 150.2g/km.
“New car registrations rose for the third month in a row in September. Market conditions remain challenging with demand being underpinned by the extremely successful scrappage incentive scheme,” said Paul Everitt, SMMT chief executive. “The extension of the scheme will help to sustain demand through the latter part of this year and into 2010. This will allow economic recovery to strengthen and safeguard valuable industrial capability.”
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