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Wed 02 Feb 2009Urgent need for State support - SIMI
THE IRISH motor industry has warned that time is running out for Government support. It has called for the introduction of a scrappage scheme similar to those in France and Germany, and for changes to the current system of VAT on dealers.
There is growing concern that if nothing is done to bolster sales in the first quarter, it may be too late to save jobs later on. Initial new car sales estimates up to February 20th show the market is down 63 per cent on the same period last year.
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