The Society of Motor Manufacturers and Traders CEO Paul Everitt says he expects a package of measures to help the motor industry to be announced in the next budget on April 22. These would come on top of the recent pledge to guarantee up to £2.3 bln of loans to the industry.
The society is hopeful the government will adopt the scrappage scheme, whereby a 2k incentive is given to drivers to scrap their old cars and replace with new, more efficient, models.
Let’s hope they’re right. My old clunker is just about on its last legs……
