Ford leads way as scrappage figures revealed

The total number of scrappage purchases between May 2009 and February 2010 was 330,451, comprising 324,991 cars and 5,460 LCVs, according to statistics from the Society of Motor Manufacturers and Traders (SMMT).

Scrappage cars made up nearly a fifth of all new car registrations, and nearly five per cent of all new LCVs.

The majority of new cars bought through the scheme were superminis (nearly 40 per cent), with luxury saloon cars selling the fewest. Ford leads the way with 38,822 and 37,721 cars and vans sold through the scrappage scheme.

SMMT chief executive Paul Everitt said, "The scrappage scheme ends this month and has provided a vital stimulus during a difficult period. The scheme has lifted the market from the lows of early 2009, with around 330,000 registrations by the end of February.

"Industry must now work to sustain this momentum and is urging government to postpone the introduction of the first year rate of VED and avoid dampening demand while the economic recovery remains fragile."