DUBLIN – The Society of the Irish Motoring Industry (SIMI) says new European Union regulations aimed at increasing competition and driving down pre-tax prices could cause new car prices to rise in Ireland. SIMI Chief Executive Cyril McHugh says countries with high vehicle registration taxes, such as Denmark, Finland, Portugal and Ireland, were sold vehicles at a lower pre-tax rate than other EU member states. The new rules are aimed at harmonizing pre-tax prices across Europe, which could ...
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