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New car sales up in October

Yearly sales down by 12 per cent despite good October.

The uncertainty over VRT and tax changes (expected in the upcoming Budget) appear to have given a boost to the Irish motor industry with latest figures from the Society of the Irish Motor Industry (SIMI) showing new car sales were up six per cent in October.

However, despite 1,661 new cars being sold in October (compared to 1,566 for the same period last year) overall new car sales are down by 12 per cent with the industry expecting final figures to fall short of 80,000 for the year.

"Without Scrappage we have seen new car sales fall; at this stage though, the Industry is now firmly focused on 2013 and the good news for car buyers is that dealers are now quoting prices and cost to change that should mean no unexpected price increases as a result of the Budget," commented SIMI Press Officer, Suzanne Sheridan.

"At the moment, many dealerships are offering significant discounts on 2013 cars if the order is placed before the end of the year so there are huge benefits in getting out and shopping around now."

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Published on November 6, 2012