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Scrappage spurs September new car sales

6th October 2009 Print

The momentum for new car sales under the scrappage incentive scheme has continued in September, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).

September, traditionally a large volume month due to the number plate change, will be the biggest month of 2009 for new car registrations as consumers continue to take advantage of the scrappage scheme. In the month, one in five or 77,316 new cars were registered using the scheme, taking the tally since its start in May to 178,278.

In the commercial vehicle sector, a total of 2,839 vans have been registered since the scheme began and 1,023 in September, accounting for 3.6% of overall van registrations in September.

“The scrappage scheme is providing the foundation for recovery in new car registrations but there is still a long way to go. The recently announced extension will allow for a further 100,000 vehicles and the new criteria will open the scheme up to more consumers, allowing time for the market to stabilise as the economy gradually improves,” said Paul Everitt, SMMT chief executive.