Statistics released form the Society of the Irish Motor Industry (SIMI) show that 2010 showed a 55% increase in new car sales compared to the previous year. That’s 88,373 new cars sold in 2010 compared to 39,767 in 2009.
The government scrappage scheme played a huge part in this increase of car sales and it generated an extra €109 million in government revenue and even more importantly their was an increase of 3,500 in the number of people employed in the car industry.
The director-general of the SIMI Alan Nolan said the extension of the scrappage scheme until June 30 this year will mean even more new car sales (more…)
