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Further Car Sales News

November 8, 2009 by Mr Butterscotch Leave a Comment

It’s been reported that car sales have continued to rise and that October of this year has shown an increase of more than 30% over last year. The reason has been cited as the government’s ‘cash for bangers’ or car scrappage scheme. Were you one of the lucky ones to access the £2k saving on a new car? Were you one of the (frankly legendary) people who used the money toward a new Nissan GT-R? If so, congratulations and enjoy your new set of wheels!

Interestingly, October was the fourth successive month showing a rise in sales. Prior to July, there was a 15 month slump n the car economy. No doubt this was down to the state of the nation’s finances. However, you do have to wonder why we continually bail out banks when other industries seem to receive far less support. Had the government used some of the most recent bail-out money as funding for green car research for example, I’d wager that some of us would now be driving round in motors capable of more than 100 miles per gallon.

On a similar topic, in 1890 Wilhelm Maybach built the first four cylinder, four stroke engine. Basically, the modern engine was born. What amazes me is just how little in some respects we’ve come when it comes to the very heart of the car. Look out for my post in the near future on the history of cars.

Filed Under: Daily News, Editorial, Money, The Environment Tagged With: Banking bailout, Cars, Cash for bangers, Economics, Government car scrappage scheme, green driving, Money, Motoring, nissan gt-r, Wilhelm Maybach

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