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Scrappage schemes boost November car sales

Scrappage schemes boost November car sales
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Sales of new cars in Europe rose 26.6 percent last month, the figure boosted by a sales slump in the same month last year.

At that time the economic crisis had slashed demand for and forced manufacturers to cut production.

The European carmakers’ association said sales were boosted by government scrappage schemes which encouraged drivers to trade in their older vehicles for new models.

There was a marked contrast between Western Europe, where sales rose by 30.6 percent in November, and central Europe, where they declined 16.7 percent.

The industry can expect less effect from scrapping incentive schemes in the future. Some – like the one in Germany, Europe’s largest car market – have already finished, while others will be gradually phased out next year.

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