Irish motor sector predicts 20% rise in new car sales in 2016

The Society of the Irish Motor Industry has predicted the car sales sector will grow by 20% next year, with up to 150,000 new vehicles sold and an extra 3,250 jobs created.

SIMI previously confirmed there had been 123,670 new car registrations this year, up to the end of October — 30% more than in the corresponding period of 2014.

Yesterday, the society released its 3rd quarter motor industry review, a report compiled by economist Jim Power in association with DoneDeal.