Wednesday 21 March 2018

Scrappage boosts car sales by 12pc


THE number of cars sold in the first five months of the year was up 11.8pc on last year, new figures show.

Data from the Society of the Irish Motor Industry show that 66,108 cars have been sold so far this year. In May, 9,471 cars were sold, up 10pc on a year ago.

SIMI's director general, Alan Nolan, said: "Scrappage has helped to stimulate business over the past 18 months and is due to finish at the end of June.

"There is no proposal for any extension, so these really are the last few weeks. These statistics suggest we are fairly well on target for 2011 to achieve the predicted level of around 88,000 new car sales."

Londis goes green to cut energy bill

GROCER Londis has launched an energy saving initiative to its retail network across Ireland. The "Green Scheme" programme -- delivered by energy specialists Crowley Carbon -- is expected to save Londis retailers an average of 15pc on their current energy costs -- estimated to be about €35,000 a year. Indeed, in many cases savings could be significantly higher than 15pc depending on a retailer's past focus on energy conservation in store.

New Botswana Diamonds director

BOTSWANA Diamonds, the Irish AIM-listed diamond exploration company, has announced the appointment of Robert Bouquet as a non-executive director of the company. Mr Bouquet has over 16 years' experience in the global diamond industry having spent most of his career with leading producers De Beers and Rio Tinto Diamonds in a variety of strategic and commercial roles, the company said yesterday.

Google didn't treat Facebook as threat

ERIC Schmidt, the executive chairman of Google, has admitted that he "screwed up" by failing to treat Facebook as a serious threat when he was in charge. Mr Schmidt said that he and other executives failed to take Facebook seriously four years ago when the social networking site had around 20 million active users. Google, with co-founder Larry Page now at the helm, is attempting to develop more "social" tools to connect people with their friends and family.

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