According to
car finance news reports, sales of
new vehicles soared during September, a report that confirms
the success of the
car scrappage scheme . According to September figures from the
Society of
Motor Manufacturers and Traders (SMMT) sales shot up by 11.4%
compared with figures from the year before. September is always a
strong month, usually accounting for a fifth of
car sales .
September saw 367,929
new car registrations, with the
scrapping scheme thought to have boosted sales. Of these sales,
the
Ford Fiesta was reportedly the best-selling
car during the month of September.
The chief executive of the
SMMT, Paul Everitt, reportedly commented: Market
conditions remain challenging with demand being underpinned by the
extremely successful
scrappage incentive scheme . 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.'
