New car sales could hit 150,000 in 2016, industry body predicts

Car financing could help to drive sales back to Celtic Tiger levels

SIMI says car sales generated a billion euro for the state this year Pic: Bloomberg

Irish car sales could hit Celtic Tiger levels of 150,000 in 2016 according to a new report by the Society of the Irish Motor Industry (SIMI).

A report issued by SIMI today suggests that the post-crash growth in new car sales in Ireland could accelerate next year.

The industry body is predicting an expansion of 20 per cent in new car sales in 2016, which could create total sales of 150,000, 3,250 extra ...