Motor sector dismayed by lack of swappage
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."