Ireland’s new-car sales plunged 48.8% year-on-year in November to just 779 units, and the industry fears the market has yet to hit bottom. After 11 months, new-car sales were up 1.8% to 89,522 units. The Society of the Irish Motor Industry says that since the ending of the scrappage tax-incentive scheme, car sales have been on the decline, with each of the past three months down 50% on the year-ago result. SIMI Director General Alan Nolan says the industry is concerned ...

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