Scrappage Scheme Delivers Jump-Start to New Car Market ; Increase in Sales Raises Hopes of Industry Recovery

Summary

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CAR dealership Pendragon yesterday reported a "significant turnaround" in the first half of the year as it saw improvements in both the new and used car markets.

The owner of the Stratstone and Evans Halshaw brands said the Government's recently launched scrappage scheme had given it optimism over a recovery in the new car market.

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Extract

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Scrappage Scheme Delivers Jump-Start to New Car Market ; Increase in Sales Raises Hopes of Industry Recovery

And in the used car market prices have climbed to levels not seen since the start of 2008, with hopes for a return to grow...

See the full content of this document

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