SIMI protests at cost of cover

The Society of the Irish Motor Industry (SIMI) wants the Government to re-establish the Motor Insurance Advisory Board (MIAB), after figures show that sales of new cars for September were down on the same period last year.

According to SIMI, a new MIAB is essential to halt the surge in the cost of insurance premiums which have risen by more than 70% since 2013.

SIMI yesterday issued the car sales figures for the month of September which saw 162 registrations decrease by 1.4% (4,698) compared to September 2015 (4,766). However, total new car registrations in the year to date are up 18% (143,205) on the same period last year (120,961).