Proposal would spur market-leader Volkswagen sales, backers say.
The Irish motor industry says thousands of jobs and tax revenue will be lost to the U.K. after the Irish government budget ignored a proposal to cut the vehicle-registration tax (VRT) on the purchase of a new car when a vehicle aged six years or more is traded in. The Society of the Irish Motor Industry Director General Alan Nolan says the government’s decision to ignore its call for a €2,000 ($2,699) cut in VRT under its suggested swappage scheme is a huge missed ...
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