Is Scrappage Scheme Really helps the Motor industry?

Posted on October 6, 2009
Filed Under News

Scrappage_scheme2009 I am pleased to read the scrappage plan to do the miracle of the British automobile industry. Financial Times, the British Broadcasting Corporation, The Guardian and car manufacturers and dealers (SMMT) community, so to speak, so it must be true.

But, dear readers, let me share some sales statistics. They suggested that scrappage program – get off your car in your price, if you trade in the 10-year-old banger – £ 2000 is very good news indeed for South Korea’s automobile industry, but it also provides a useful boost for Japan. Alas, there is no substantial blessings of UK listed companies. In Asia, manufacturing expertise, of course, is a small cheap cars – is the machine to sort you would expect to benefit from funding the destruction of used cars. (Not too much drag Jaguar buyers to them as a trade transactions.)

Modern English this year, sales rose 69%, any large-scale production of the best. Kia increase of 32% (No wonder the first car manufacturers eager to out a press release ‘welcome’ Secretary of State Rodman Adelson’s business plan, the scrappage Kia recently expanded name). How do these South Korean auto giant to love Peter Mandelson! From the rotation Prince Seoul, King! Chevrolet (Daewoo), sales are down about 6%, despite all of General Motors, instead of using break the bad publicity. The overall auto market, incidentally, has declined by 15%.

At the same time, these are the manufacturers who produce, while pregnancy and the number of cars in the UK. Aston Martin dropped by 32%. Bentley dropped by 54%. Jaguar down 18%. Land Rover fell by 24%. Lotus dropped 37%. Other British manufacturers (Morgan and fish) declined by 21%. Mini, his car here, do not take account of their works in Germany, there have been sales fell 14%. Vauxhall, while the latter plant in Liverpool, but all of the engineering design in Germany dropped by 24%.

As a good European, Mandelson may also be concerned about his measures, what action to help his mainland friends. (Peugeot down 22 percent, down 48%, Renault, Citroen dropped by 21%, while Volkswagen fell 17%).

The natural, Scrappage program has helped many UK car dealer. Japanese ‘transplant’ factories have also benefited, but because they tend to be more high-end cars, rather than those who have benefited mainly from the scrappage program inexpensive machines, which has been silence.Scrappage Scheme

At the same time, I read the British manufacturing output in August 2009 collapse, dragging the United Kingdom since 1987, overall industrial output low. How can I tell. Overall, better than nothing, it at least give us a hope.

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