Car scrappage scheme helps boost first-half car sales by 14%

THE car scrappage scheme which ended last week has helped boost first-half car sales by 14% on last year.

Car scrappage scheme helps boost first-half car sales by 14%

The scheme gave motorists relief on vehicle registration tax for new vehicles if they scrappeda car at least 10 years old. The scheme was supplemented by discounts from many motor dealerships.

According to data from the Society of the Irish Motor Industry (SIMI), just over 11,000 of the 77,134 new cars sold in the first six months of 2011 were bought last month as motorists took advantage of the Government incentive to the auto sales sector. The figures compare with more than 67,000 sales from January to June 2010 and leave the industry just over 11,000 short of all sales for last year, although there is normally a sharp decline in sales in the second half of every year.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited