Ford to launch scrappage incentive scheme

22 August, 2017, 10:42 | Author: Leticia Walters
  • Mandel Ngan  AFP  Getty Images

Ford Motor Co. became the latest automaker to offer cash to United Kingdom drivers if they scrap the most polluting vehicles on the roads, targeting about 15 million cars and vans across the country.

In order to be eligible for Ford's new scrappage scheme, you must have a pre-Euro 5 vehicle registered before December 2009. Available on both Ford cars and vans, the firm claims it could save owners up to £7000.

Under the scheme, consumers will be given 2,000 pounds off new Ford models ranging in price from around 12,000 pounds to more than 20,000 pounds.

Edmund King, president of the AA, said: "These initiatives are obviously there to boost sales of new cars, but if they are going to take polluting diesel cars off the road, then that has to be a good thing".

Ford reportedly said that all of the part-exchanged vehicles will be scrapped that would have an immediate positive effect on air quality. New analysis released last week found that electric cars are now greener than even the most efficient petrol and diesel cars thanks to the deployment of renewables cutting the carbon intensity of the United Kingdom grid.

Andy Barratt, chairman and managing director of Ford of Britain "Ford shares society's concerns over air quality". Ford has also announced that a Transit plug-in hybrid is planned for a 2019 introduction, as well as a $4.5bn (circa £3.5m) investment in electrified vehicles by 2020. The trade-in vehicle must be scrapped to receive the incentive.

The scrappage program will run to the end of the year and is effective for registrations from 1 September to 31 December 2017. Data from the SMMT shows that there are approximately 19.3 million pre-Euro 5 emission level passenger cars on United Kingdom roads.

Given that these vehicles were replaced with low-emissions cars producing 48g/km less carbon dioxide, CO2 emissions would drop by 15 million tons per year - the equivalent to the annual output of three coal-fired power stations.

Mercedes-Benz AG and BMW AG, which also makes the Mini, have started similar scrappage programs in the United Kingdom, according to the Society of Motor Manufacturers & Traders.

Volkswagen is expected to launch its own trade-in deal "shortly".



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