The car sales industry has warned the Government not to impose any increased taxes on motorists pointing out that car sales in Cork have fallen by more than 7% in the first half of this year.
There were 9,999 191-C registered cars between January and June. This is a fall of 7.01% on the 10,753 of 181-C registered cars.
The figures from the Society of the Irish Motor Industry (SIMI) also shows that nationally, total new car registrations were down by a similar amount with a total of 80,712 vehicles registered in the first half of this year compared to 87,116 in the first half of 2018.
Brian Cooke, SIMI Director General said: “Despite Ireland’s strong economic performance, new car sales for the first six months of the year have been disappointing, 7.4% down on the same period last year and over 20% down over the last three years."
"Every county in Ireland has seen a reduction on last year, reflecting the uncertain trading environment arising from Brexit," he said.
Today marks that start of the 192-registration period, which offers retailers some respite, and with a variety of competitive offers available, there should be a brief upturn in showroom activity. Many in the Industry are already turning their focus on October’s Budget, which coincides with Brexit."
"In the current fragile business context, SIMI is urging the Government to exercise extreme caution in dealing with motor-related taxation. The motorist should not be burdened with an increase in taxation on new cars, as this will only further dampen demand."
"The Industry supports some 47,000 jobs, and dramatic taxation changes could undermine this level of employment, the new and used car markets, Government Revenues, and our ability to renew our national car fleet which in turn could hamper Ireland’s ability to meet its international environmental targets”.