Scrappage scheme drives car sales to first rise in 15 months

Article reports that sales of new cars in the United Kingdom rose for the first time in 15 months in July 2009 as the UK government's 'cash-for-bangers' scheme coaxed more buyers back into dealerships.

United Kingdom: Department for Business, Innovation and Skills: Press Release, 10.8.09: Government scrappage scheme reaches halfway mark http://nds.coi.gov.uk/clientmicrosite/Content/Detail.aspx?ClientId=431&NewsAreaId=2&ReleaseID=405745&SubjectId=36

SMMT: Press Release, 6.8.09: First growth since April 2008, due to scrappage scheme http://www.smmt.co.uk/articles/article.cfm?articleid=20287

ESO: Background information: UK car scrappage scheme launches http://www.europeansources.info/record/uk-car-scrappage-scheme-launches/

ESO: Background information: Scrapping old cars boosts German sales http://www.europeansources.info/record/scrapping-old-cars-boosts-german-sales/

BBC News, 6.8.09: Scrappage scheme boosts car sales http://news.bbc.co.uk/1/hi/business/8186992.stm

United Kingdom: Department for Business, Innovation and Skills: News Release, 22.10.2009: Extended scrappage scheme goes live http://nds.coi.gov.uk/clientmicrosite/content/Detail.aspx?ReleaseID=407811&NewsAreaID=2&ClientID=431

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