SUCCESS OF THE CAR SCRAPPAGE SCHEME

Figures released show that more than three quarters of the budget for the car scrappage scheme has been used up. Funding for less than 82,000 new vehicles orders is left, says Stafford’s Labour MP David Kidney, for consumers to take advantage of the scheme:

“This Labour Government’s scrappage scheme has been hugely successful in helping people buy new, more fuel-efficient vehicles while at the same time boosting UK car sales and helping the car industry through the downturn.

“Now time is running out to get a great deal on a new car by trading in your old one.  If you have been thinking about taking advantage of the scrappage scheme then now is the time to act. Labour’s car scrappage scheme has kept our car industry going during these tough times and offered great value for motorists. It shows how the Labour Government is investing through difficult times to give real help to people and protect jobs and businesses. 

“When the going got extremely tough for the UK’s car industry, we didn’t leave the industry to sink or swim during this difficult global downturn as the Tories did in the 1990s.”

The scrappage scheme figures are updated on a weekly basis, with all available statistics on the BIS website here: http://www.berr.gov.uk/whatwedo/sectors/automotive/scrappage/page51068.html