Scrappage scheme fuels one in five new car orders

Figures released today show the Government’s £2000 car scrappage scheme has proved popular with consumers, as manufacturers reported taking more than 35,000 orders since the programme’s announcement.

That amount comes to one scrappage scheme order out of every five new car orders in this period.

“This scheme not only helps hard-pressed consumers, it also helps protect British jobs by stimulating demand for new cars,” said Prime Minister Gordon Brown.

Business Secretary Lord Mandelson added, “Even after two weeks the sales figures are impressive.”

The UK scheme, backed by £300 million from Government and matching funds from manufacturers, is intended to provide immediate support on a short-term basis to boost the car industry and its supply chain in the wake of falling sales. It also aims to get older vehicles off the road and encourage consumers to invest in new, safer, and potentially more environmentally friendly models.