Showroom traffic slow in new-car market down 57% since 2008.
The Irish auto industry wants the government to give motorists a tax break when they trade in an older vehicle for a new model. The Society of the Irish Motor Industry says cutting €2,000 ($2,653) from the vehicle-registration tax on the purchase of a new car where the trade-in is at least six years old would create 2,200 jobs and generate €129 million ($171.1 million) for the government. Without the proposed swappage plan, it says, tax revenues will not return to previous ...
Premium Content (PAID Subscription Required)
"Industry Seeks Tax Break for Irish New-Car Buyers" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.