scrappage


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scrappage

(ˈskræpɪdʒ)
n
the act or process of scrapping
References in periodicals archive ?
We have learnt some valuable lessons from the 33,000 people who have bought cars from us under the scrappage scheme" said Tony Whitehorn, Hyundai's UK managing director.
THE Government is to introduce a quota system to motor manufacturers for the rest of its car scrappage scheme after revealing more than three quarters of the pounds 400 million budget has been used up.
Auto Business News-29 September 2009-Volvo Car UK accepts scrappage scheme extension(C)2009 ENPublishing - http://www.
Coventry taxi company LTI Vehicles is leading calls for the Government to extend the car scrappage scheme.
The industry has gone from feast to famine within just a few months caused by a double whammy of production cutbacks and the spectacular success of the scrappage scheme.
EDDIE Murphy, Chairman and MD of Ford Ireland has said he has found it perplexing that the government hasn't introduced a scrappage scheme as part of its emergency budget on Wednesday.
Factors that contribute to this trend are higher insurance premiums for vehicles with high claims and an escalation in the overall vehicle scrappage rate.
VAUXHALL is reintroducing the hugely successful scrappage scheme in a bid to boost new cars sales during the traditionally quiet pre-Christmas period.
This means that a 21-year old customer participating in scrappage, could receive PS1,190 finance deposit contribution and pay just PS193 per month over 36 months for a Corsa three-door 1.
The Society of Motor Manufacturers and Traders said sales rose by 35,847 in 2010 to 2,030,846, but it was a year of two halves following the end of the car scrappage scheme in March.
The Government's cash-for-bangers scrappage scheme provided a major boost, the firm said.
THE Government's "cash for bangers" pounds 400m car scrappage scheme ends today having considerably boosted the sale of new motors.