Which city drivers 'have worst commute in UK'?
03 Feb 2012
Thu, 07 Jan 2010
According to figures from the Society of Motor Manufacturers and Traders, car sales for 2009 hit the lowest level for 14 years, down 6.4% on 2008 totals. This was despite a 39% increase in sales of new cars as the car scrappage scheme continued to encourage car buyers . 2010 is predicted to be an extremely challenging year for car buyers.
The car scrappage scheme offers buyers a 2,000 pound discount to trade in an old banger, which is part funded by industry and government and has had a strong role in keeping the car industry afloat through 2009. The scheme will end in February.
Paul Everitt, the chief executive of the SMMT was reported as saying: Another tough year awaits the UK motor industry in 2010, with new car registrations expected to be below 2009 levels and only limited recovery in the van and heavy commercial vehicle markets. Sustaining the progress made in the latter part of 2009 will require stronger demand from fleet and business buyers, alongside the greater availability and affordability of credit and finance .
