Car dealership optimistic after ‘annus horribilis’

THE managing director of one of the mid-west’s largest motor dealerships expects the business to return to profit this year after an “annus horribilis” last year.

Noel Daly of main Toyota dealer O’Mara Motors (Limerick) Ltd was commenting yesterday on company results for 2009 which show that pre-tax losses increased six-fold, from €96,274 to €615,380.

The company sustained the loss after turnover plunged by 57% from €17.8m to €7.6m to the end of December last.