Scrappage aftermath
The government’s scrappage incentive finally came to an end on March 31 leaving the auto retail industry to ponder a future without the bonus of a £1000 windfall for all new cars registered under the scheme – and the promotional activity that went with it.
The VAT increase in the emergency Budget attracted all the headlines and is likely to provide auto retailers with operational headaches, but it is the changes to corporation tax and capital allowances that are most likely to affect business planning.
The VAT increase in the emergency Budget attracted all the headlines and is likely to provide auto retailers with operational headaches, but it is the changes to corporation tax and capital allowances that are most likely to affect business planning.
The latest list price cuts by Ford are unlikely to unsettle the used car market, according to Glass’s, despite the fact that it affects some of the UK’s best selling models. However, there may need to be some adjustment on late-used Ka.
Peugeot is to launch a pilot programme for a ‘total mobility service’ through its Robins & Day retail group.
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Barry's Blog
Those dealers looking forward to any little fillip which electric cars will bring to their showrooms anytime soon will have been less than pleased with Mitsubishi’s honesty this week.
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