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net exports and

in Britain. Business Secretary Pete▓r Mandelson has expressed his delight in the response of t▓he motor industry, saying "38 compan

2 percentage points

ies have signed up - all the▓ major UK car manufacturers and a number of other companies. This means more choice for consumers and a boost for British brands." "

for investment.

The scheme has been met with a flood of enquiries from customers. It will provide a boost to the industry and kick-start sales," he ad▓ded. "The scrappage scheme i

Consumption rose to ▓

s good news for consumers and the UK motor industry alike. It has alrea▓dy started to get people back into showrooms to kick-start demand in the market," said Paul

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become the largest c

Everitt, chief executive of the Society of Motor Man▓ufacturers and Traders (SMMT). "There has been a good response to the scheme ahead of t

wifi

ontributor to Chin

he official start date and industry is confi▓dent that this will be translated

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a's GDP growth ove

into additional orders," Everitt added. Citron implemented a scrappage scheme

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r the period.Mea

on April 1, three weeks earlier than the announcement of the 2009 Budget. The

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nwhile, retail sal

company has seen a 15 percent increase in registrations in April due to the in

users

es expanded 15 p

centive. Ford experienced the same number of hits on its scrappage web page wi

setting

ercent in the fi

thin five days of the Budget announcement on April 22, as it had previously ha

rst quarter. After b

d on its most popular new Ford Fiesta page throughout March. More than 1500 automakers and auto parts manufacturers from around the

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eing adjus

world are gathering at the Shanghai 2009 Auto Show. The biennial event opened Monday and runs until April 28th. Ailing world automakers showca

inflatio

▓sed their new designs amid hopes of a qu