Irish car registrations nosedive in July

Newswire

DUBLIN, Aug 25 (Reuters) - The number of new private cars licensed in Ireland dropped by nearly three quarters in July to 4,355 from the same period last year, official data on Tuesday showed, as economic gloom weighed on consumers. Ireland is tipped to be the worst performing economy in the industrialised world this year and consumer spending, which accounts for around 60 percent of national income, has nosedived amid job losses, pay cuts and higher taxation. The total number of all ...

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