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Did The Scrappage Scheme Save The Automotive Industry?

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Did The Scrappage Scheme Save The Automotive Industry?

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internet marketing Almost 400,000 vehicles were ordered through the scrappage scheme since its introduction a year ago. Figures have shown that the use of scrappage accounted for more than 18% of new car sales. “The scheme helped support our economy and played a vital role in providing a much-needed boost to the UK automotive industry,” said SMMT chief executive, Paul Everitt. The market for 2010 is predicted to perform well but will not achieve the peaks experienced during the scheme. Analysis of the scheme show that cars registered under the scrappage have average CO2 emissions 27% lower than the cars they replaced and nearly 10% lower than all other cars registered in that period. Many argue that the lower emissions created by the new cars does not offset the emissions produced during their manufacture. But those same critics also admit that while the scrappage has allowed the auto industry to find its feet again, it has also given them chance to get on track to a greener future. Al

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