Saturday 25 January 2020

Motor sector dismayed by lack of swappage

Eddie Cunningham

Eddie Cunningham

RELIEF that drivers won't face bigger fuel bills was tempered by disappointment at the lack of a swappage scheme for owners of older cars.

Motor industry sources saw the absence of the much-vaunted swappage scheme for cars aged six years and older as an opportunity missed.

They claimed it would have created and secured thousands of jobs while generating €129m for the Exchequer.

But set against that was a sense of relief that there were no increases in petrol or diesel and no mention of hikes in road tax or Vehicle Registration Tax.

Commenting on the lack of a swappage scheme, Ford Ireland chief Eddie Murphy said: "It's like we don't exist as a sector. The swappage scheme was a real opportunity lost. If someone made me a business case to make €129m, I'd take it."

Society of Irish Motor Industry (SIMI) chief Alan Nolan: "We put in well-costed proposals that would have created 2,000 jobs. It is hard to see why they weren't included."

Irish Independent

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