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Experts and analysts of the car industry had predicted a decline in new car registrations for January 2011; they stated the lack of scrappage scheme as the cause. New car registrations in January 2011 fell by 11.5% to 128,811 units compared to January 2010, but last January's new car registrations pink peyton manning jersey were fuelled by the scrappage scheme.
Figures from the Society of Motor Manufacturers clearly show that January 2010's new car registrations were helped by an 18% contribution from scrappage scheme sales. When comparing 2011 figures to the January 2010's if you remove the scrappage black peyton manning jersey influenced sales of 2010 then the sales figures are actually up by 8%.
The first half of 2011 will look worse than 2010, the scrappage scheme ran out in the manning broncos jersey second quarter of 2010 which means the first half results for this year will be 5% down. The lower number of new car sales in January of this year can also be contributed to the rise in VAT to 20%, uncertainty over the economic setting and potentially a consequence of the bad weather in December.