LONDON (MarketWatch) -- U.K. car registrations surged 29.8% in January to 145,479 units, the seventh month in a row of rises. The scrappage scheme accounted for 17.8% of sales despite the return to a 17.5% value-added tax, the SMMT trade group said. Separately, car scrappage incentives in the U.K. were extended to the end of March. It expects sales to fall 9% in 2010.
http://www.marketwatch.com/story/scrappage-incentive-sends-uk-car-sales-up-30-2010-02-04
http://www.marketwatch.com/story/scrappage-incentive-sends-uk-car-sales-up-30-2010-02-04
