Friday 30 September 2016

New car sales fuel jobs boost across the motor industry

Published 05/08/2015 | 02:30

Minister of State Damien English speaking at the announcement of the SIMI Motor Industry second quarter review for 2015
Minister of State Damien English speaking at the announcement of the SIMI Motor Industry second quarter review for 2015

More than 27,500 new cars were bought by Irish motorists in July, almost as many as the traditional bumper month, January.

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Figures show the nation's buying trends are changing dramatically with the new twice-a-year change of registration plates.

New-car registrations soared by 9,000 (48pc) to 27,633 last month - just 2,000 short of January. Sales for the year to date are up 30pc, according to Simi (Society of the Irish Motor Industry). And there's no sign of a slowdown in buying with predictions of 123,000 for this year and as many as 145,000 in 2016.

The level of commercial van sales is also soaring, up 53pc in the year to date.

Like cars, they also reflect the increasing momentum of recovery and the level of business in the economy.

The overall buoyancy is pumping millions more into the Exchequer (€761m so far) as well as creating more jobs.

With every 1,000 new-car sales said to create some 130 jobs across the industry, a junior minister has advised school leavers not to be blinkered into thinking their only way to a career is through a third-level education.

Damien English said the industry is playing a key role in providing employment nationwide, adding that students needed to be encouraged to take up apprenticeships in areas such as the motor industry.

"We need to get the message out there that there are many ways to get a career and that it is not all higher or third-level education. People can start as apprentices and there are plenty of opportunities to work their way up," he said.

It is estimated that 13.6pc of all new jobs created this year have been in the motor industry, with 5,600 generated since June 2014.

Irish Independent

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