Budget implications for the Motor Industry
Budget 2023, announced by Minister for Finance Paschal Donohoe, and Minister for Public Expenditure and Reform Michael McGrath contains some measures specific to motoring: VRT No VRT changes for cars or commercial vehicles VAT and Excise Extensions Extending the current excise reduction of 21 cent per litre in respect of petrol, 16 cent per litre […]
Motor Industry Low Risk High Value For Re-Opening
New car registrations for February were up 6.93% (13,834) when compared to February 2020 (12,937). Registrations year to date are down 10.6% (38,986) on the same period last year (43,587). Light Commercials vehicles (LCV) are up 53.05% (3,315) compared to February last year (2,166) and year to date are up 6.73% (8,339). HGV (Heavy Goods […]
Another month of declining new car sales: Motor Industry calls on Government for no tax increases on new cars
Official statistics released today by the Society of the Irish Motor Industry (SIMI) show that the total new car registrations for the month of August are down 13.3% (5,131) when compared with August 2018 (5,921). New car registrations year to date are down 7.9% (110,572) on the same period last year (120,003). New Light Commercial […]
Motor Industry Needs To Focus On Recruiting Skilled People – SIMI President
Gerard O’Farrell, who is Group Director, Car Division, O.H.M Group, was elected President of the Society of the Irish Motor Industry (SIMI), at the organisation’s AGM held in (Killashee House Hotel,) Naas, Co. Kildare. Speaking at SIMI’s AGM Gerard O’Farrell commented on the challenges and opportunities facing the Industry. “The Motor Industry is very conscious […]
Motor Industry Takes More Conservative View Of 2017
162 New car registrations for first 20 days of July +11% (21,525), Light Commercials +25% (2,657) and Heavy Commercial Vehicles +30% (304) New car registrations in first 6 months 2016 (101,335) up 23% on 2015 Strongest Growth in Car Sales Q2 2016: Roscommon 37.9%, Leitrim lowest 14.5% €978.4 Million Exchequer contribution from car sales Q2 of […]
Motor Industry Registrations Reflect Improving Economy
Official statistics released today by the Society of the Irish Motor Industry (SIMI) show that new car registrations for the month of April were up 10% (10,408) compared to (9,451) April 2015, while new cars registrations year to date are up 26% (93,240) on the same period last year (73,970). Light Commercial Vehicles (LCV) show […]
Spring arrives early for the Motor Industry as February car sales blossom
Official statistics released today by the Society of the Irish Motor Industry (SIMI) show that new car registrations for the month of February were up 37%( 21,625) compared to February 2015 (15,778) while total new car sales are up 35% (61,350) on the same period last year (45,586). Light Commercial Vehicles (LCV), are currently up 50% […]