SIMI DG Alan Nolan noted that 16,468 of the 87,988 new cars sold this year were because of the scrappage scheme, and these alone have contributed in excess of €53m to Government revenues. Total extra revenue to the State from the increase in new car sales this year is €129m to date.
Total car sales for 2010 so far are up 54 percent on 2009, which year was 74 percent down on 2008.
The LCV sales for this year are just 15 percent up on 2009, at 10,420. This reflects the general economic situation.
