Why did imports increase by such a large amount? Somewhat perversely our imports of cars rose by £432m in September compared with August. This was largely due to the car scrappage allowance whereby the government gives an allowance of £2000 against the purchase of a new car when an old car is scrapped. Unfortunately, the major impact of this last month was to draw in imported cars to meet the demand. Thus our imports of cars increased by 30% on the previous month, as a result of government incentives.
http://www.anforme.co.uk/blog/?cat=66
