Calls for scrappage scheme intensify

The state may face a drastic fall-off in revenue if it does not implement a scrappage scheme for cars, writes Dermot Corrigan.

21st February, 2009

Leading figures in the Irish motor industry are calling on the government to introduce a new scrappage scheme to address a dramatic drop-off in sales this year. In January, new car sales totalled just 16,000, down 66 per cent on the 47,000 sold in the same month last year, according to figures compiled by Society of the Irish Motor Industry (SIMI).

‘‘I would be very fearful if the sales in January are replicated for the rest of the...

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