Low price of sterling drives car imports

Buyers save up to €8,000 on cross-border deals

17th September, 2017

Used car imports into Ireland for the first eight months of this year increased from the same period in 2016 by 40 per cent, rising from 44,404 to 62,160, according to figures supplied by the Society of the Irish Motor Industry (SIMI).

That represents a near 88 per cent increase compared to the period January to August 2015, and the change can be closely linked to the sterling/euro exchange rate.

As in other aspects of retail, the shift changes in...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 11 months ago

The Daily Briefing

The Daily Briefing