Taoiseach Leo Varadkar and Minister for Finance Paschal Donohoe have pulled out of joining the global elite at the World Economic Forum in Davos next week

Business Today: the best news, analysis and comment from The Irish Times business desk

Volkswagen was the most popular new car brand in 2019, according to the CSO, with 13,180 cars taxed for the first time, ahead of Toyota with 11,408, Hyundai with 10,281, Ford with 9,047 and Skoda with 8,791.

Initial figures for first 10-days shows fall in used imports as new NOx tax comes into force

Renault’s new plug-in hybrid Captur and hybrid Clio:  it has tapped into its years of experience from electric modes to develop its new hybrid set-up, and securing more than 150 patents in the process

Carmaker plans to have eight fully electric models and 12 hybrids in its range by 2022

In our tech coverage today, Ciara O’Brien assesses the key trends at this year’s CES electronics show.

Business Today: the best news, analysis and comment from The Irish Times business desk

Minister for Business, Enterprise and Innovation, Heather Humphreys will attend the IDA’s annual results this morning

Business Today: the best news, analysis and comment from The Irish Times business desk

Those with the tough job of driving all those new cars for The Irish Times, look back on their year behind the wheel

 Niall Gibbons, CEO of Tourism Ireland: “We have a reputation as a clean, green island. We want to make sure we keep that.” Photograph: Shane O’Neill

Business Today: the best news, analysis and comment from The Irish Times business desk

In the Golf, Volkswagen has over-egged the tech, messed around too much with the steering feel, and in doing so they’ve lost some of the flavour that made has made the Golf so good. Photograph: Volkswagen

Eighth-gen hatch slips down the pecking order ahead of launch of all-electric ID.3

For those with shopping for presents, Ciara O’Brien has top tips on the best tech gifts

Business Today: the best news, analysis and comment from The Irish Times business desk

 The development team of the new Clio has got the interior mix of physical buttons and touchscreen controls just right

The new version delivers on comfort, safety and tech, but still trails rivals in terms of driving dynamics

According to the Minister for Transport, Shane Ross: “Our priority is always the safety of our roads for all users.”

Government agrees to support a range of measures to facilitate the testing of autonomous driving technology on public roads

Central Bank governor Gabriel Makhlouf responded publicly for the first time to the head of KBC Group, saying he “may regret the fact that we will continue to be annoying”.

Business Today: the best news, analysis and comment from The Irish Times business desk

Columnist Karlin Lillington argues that a unionised workforce could finally ask Google its most searching questions.

Business Today: the best news, analysis and comment from The Irish Times business desk

The Mercedes-Benz GLB takes some styling cues from the company’s glorious G-Wagon, though not quite enough in our opinion

Engine choices include all-electric seven-seat version which goes on sale in 2021

New cars from Tesla, Toyota, BMW, Porsche, Ford, Peugeot and Renault make the final cut

Ronald Quinlan reports on a plan by An Post that could see the former Clerys department store on O’Connell Street becoming its new headquarters as it relocates from the GPO (above).

Business Today: the best news, analysis and comment from The Irish Times business desk

Big plans for car giant’s new all-electric ID.3 and future moves into the electricity market

Beauty industry gian Coty is buying a controlling stake in Kylie Jenner’s cosmetics company for $600 million, cements her status as a business mogul at the age of just 22.

Business Today: the best news, analysis and comment from The Irish Times business desk

 Minister for  Tourism, Shane Ross unveilling the Failte Ireland, 2020 Plans

Business Today: the best news, analysis and comment from The Irish Times business desk

New figures show housing completions in the capital fell by nearly 14 per cent to just 1,628 during the three-month period. This was first fall since 2015.

Business Today: the best news, analysis and comment from The Irish Times business desk

Three Ryanair Boeing 737s have been grounded due to cracks between the wing and fuselage, it emerged yesterday

Business Today: the best news, analysis and comment from The Irish Times business desk

The Irish Times managing director Liam Kavanagh presenting the award for Overall Innovation of the year to Atlantic Therapeutics’ Brendan McCormack, Danny Forde, Dr Ruth Maher, Christina Walsh and Richard Allen. Photo: Conor McCabe

Praise for the drive and determination of the entrepreneurs in the final round of this year’s awards

Danny Forde of Atlantic Therapeutics, overall winner of this year’s Irish Times Innovation of the year award

Atlantic Therapeutics one of 100 companies taking part in Irish Times Innovation Awards

Researchers are using the gene-editing tool Crispr to turn bacterium’s machinery against itself, or against viruses that infect human cells.

Ability to alter how genes work seals votes for innovation of the decade among respondents

Web Summit, the global technology conference co-founded by Irish businessman Paddy Cosgrave, kicks off in Lisbon later today

Business Today: the best news, analysis and comment from The Irish Times business desk

The best selling car this year is the Toyota Corolla with 4,388 registrations, ahead fo the Hyundai Tucson with 3,816, and the Nissan Qashqai with 3,744.

Total sales this year are down 7% compared to an 8.7% increase in imports

Family members of those who died aboard Ethiopian Airlines Flight 302 hold photographs of their loved ones as Dennis Muilenburg (R), President and CEO of the Boeing Company,testifies before US Congress

Business Today: the best news, analysis and comment from The Irish Times business desk

A virtual reality driver simulator at TRI-AD’s new head office in Nihonbashi tower in Tokyo

There’s a data gold rush underway in the auto industry with potentially a zettabyte of data up for grabs from the vehicles on our (...)

Mark Foley CEO of Eirgrid: Ireland’s transmission system operator has released its latest analysis of how Ireland’s electricity sector may evolve over the next 20 years.

Business Today: the best news, analysis and comment from The Irish Times business desk

In a Harry Potter moment a man appeared wearing roller-skates and holding what looked like a stick with an electric wheel at the the end that propelled him around the stage

Auto giants hope to cast a spell in new age of mobility where even the broomstick is electric

Mazda’s new all-electric MX-30 is due on sale in Europe next year with a range of 200km

Tokyo motor show: New MX30 will go on sale in Europe next year with a range of 200km

Toyota’s new Mirai: Hydrogen fuel cell electric vehicle due for sale in 2021

Japanese car plant says you could power its new Mirai for a year from the manure of one cow

The new Lexus LF-30 electric concept car: heralding the arrival of a fully-electric Lexus next year

Tokyo motor show: Premium Japanese brand still remains devoted to hybrid technology

In every corner of the world, people spend hours engaging with mobile screens, while the devices feed a stream of information from the user.

Innovations from smartphones to the cloud have changed countless aspects of life

The Tesla Model 3 an official range of up to 560km depending on your choice, a 0-100km/h time as low as 3.4 seconds, and a price tag starting at €48,900.

Issues with build quality and finish detract from premium saloon’s wow factor

Popular supermini offers more cabin room, more fuel efficiency and sharper design

Sales of RTÉ shows such as  Operation Transformation last year contributed to RTÉ’s commercial arm increasing its pre-tax profits by 22 per cent to €8.89 million.

Business Today: the best news, analysis and comment from The Irish Times business desk

Wealthy Hong Kong investors are applying to Ireland’s golden visa programme as violence escalates in the city

Business Today: the best news, analysis and comment from The Irish Times business desk

Toyota has two manufacturing facilities in Britain, employing over 3,800 workers directly.

Senior executive says prolonged Brexit disruption ‘would inevitably lead to a production stop, probably within days’

When the carbon tax hits €80, it will mean €13.76 on a 60-litre refill of petrol, or €15.72 for diesel. Photograph:   Dara Mac Donaill

Q&A: Petrol, diesel and household fuels all fall under the tax, which is on the rise

The grant, administered by the Sustainable Energy Authority Of Ireland (SEAI), was on top of the €5,000 tax rebate on Vehicle Registration Tax (VRT) on full-electric vehicles.

Government changes tax incentives for electric cars and hybrids

In a Brexit-dominated Budget 2020 there were few winners – and many losers – given the Government’s reluctance to implement any reductions in personal income tax

Business Today: the best news, analysis and comment from The Irish Times business desk

The first 60mg/km of NOx emissions from new cars is to be charged at a rate of €5 per mg. Photograph: Andreas Rentz/Getty

Tax based on NOx emissions to replace diesel surcharge as carbon taxes inflate fuel prices

The accounts show turnover for 2018 is broken down between €72.36 million in vehicle sales and €8.43 million in parts and accessories.

Directors describe ‘challenging year’ as staff numbers go from 142 in 2017 to 34 last year

Mr Davidson’s previous roles include general manager of used cars at BMW UK. Photograph: Arnd Wiegmann/Reuters

Kevin Davidson to replace Paulo Alves, who is moving to BMW UK’s motorbike division

Audi’s Q4 E-Tron: Due in Ireland early 2021 and certain to be a big seller if the price is right

Plug-in hybrid Audi A5 at €57,500 is likely to lead the surge of Irish interest in the premium car brand’s electrified model range

The 208 comes  in 4cm longer and 30kg lighter than the one it replaces, and in the metal it does look like a proper sporty little hatchback

The new generation 208 is another advance for Peugeot, but it lacks that performance punch that many electric cars can deliver

More than 85% of Toyota Corolla sales and 90% of C-HR sales this year have been for the hybrid versions

Move underlines company’s commitment to its hybrid powertrains

Ulster Bank’s chief executive said there will be a fresh round of jobs cuts at the group as it seeks to rein in costs as ultra-low central bank interest rates squeeze lending margins

Business Today: the best news, analysis and comment from The Irish Times business desk

Minister for Finance Paschal Donohoe: The ESRI says the Government may need to hold a supplementary budget early in the New Year if Brexit delivers a major shock to the Irish economy

Business Today: the best news, analysis and comment from The Irish Times business desk

A lawyer for Apple has rejected claims by the European Commission that its alleged sweetheart tax deal with Ireland was partly designed to give the company a boost in exchange for jobs in Cork

Business Today: the best news, analysis and comment from The Irish Times business desk

‘The UK is only delighted – not just from a business perspective but also from an environmental perspective – to get rid of cars they don’t want and that they intend to ban from cities,’ said Simi’s Brian Cooke

Irish motor industry warns of massive job losses if taxes on new cars rise in the budget

The Central Bank study suggests that beef and sheep farms, which represent around 70 per cent of Irish farms, already face “significant viability challenges”

Business Today: the best news, analysis and comment from The Irish Times business desk

The State’s tourism sector could be in decline, according to the boss of Fáilte Ireland, resulting from the Government’s decision to increase the hospitality VAT rate in last year’s budget

Business Today: the best news, analysis and comment from The Irish Times business desk

Property prices in Dublin are now falling for the first time in seven years, according to the official figures

Business Today: the best news, analysis and comment from The Irish Times business desk

Herbert Diess, chief executive of Volkswagen, presents the carmaker’s new electric car, the ID.3 model, at the Frankfurt motor show. Photograph: Silas Stein/DPA/AFP

Motor industry calls for delay to proposed motor tax changes over Brexit uncertainty

The new VW ID3 electric car will arrive in Ireland next spring. Photograph: EPA

Land Rover unveils new Defender as VW reveals its ‘people’s electric car’, the ID3

Honda presents its Honda E electric car

Smaller stands and fewer media, but Frankfurt might might just show a brighter future

It’s much more than a retro makeover; it’s about retaining heritage while having relevance for a modern audience

New all-electric hatchback will go on sale in Ireland next year from under €30,000 after grants

Tanaiste and Minister for Foreign Affairs Simon Coveney briefed his Cabinet colleagues on impact of Brexit at a meeting which ran for four and half hours

Business Today: the best news, analysis and comment from The Irish Times business desk

Judging day for this year’s Irish Times Innovation awards. Ciaran Heavey, associate prof at UCD Quinn School of Business; Dr Lisa Higgins, head of challenge Research at Science Foundation Ireland; Gearoid Mooney, research and innovation division manager, Enterprise. Ireland; Dave Flynn, executive director of Skillnet Ireland; and Aideen Dowling of KPMG. Photograph: Conor McCabe

From ways to tackle climate change through to helpful peptides, home shopping delivery services to a new shower caddy, this year’s(...)

 Irish drinkers are becoming increasingly likely to pop a celebratory bottle of a sparkling variety such as Champagne or Prosecco, according to to the latest industry research.

Business Today: the best news, analysis and comment from The Irish Times business desk

The 2-litre, 194bhp engine  is quieter and more refined than its predecessor, but it’s also noticeably more responsive

Road Test: With its first fully electric SUV costing almost €90,000, sensible premium car buyers will put electric on the back-bur(...)

Currency traders are bracing for more big price swings in sterling between now and the expected October 31st Brexit date, with a three-month volatility gauge hitting its highest level of the year on Thursday

Business Today: the best news, analysis and comment from The Irish Times business desk

Skoda Kamiq: a fine family car, well-built, sturdy and with room for two adults in the back, all powered by a perky little three-cylinder 1-litre engine

First Drive: Call it what you like, but this is a well-built, smart and practical family car

A group of angered investors in Irish Forestry Funds are coming together to challenge the decision of the directors of the funds to sell their shareholdings for substantially less than what had been projected, reports Fiona Reddan

Business Today: the best news, analysis and comment from The Irish Times business desk

Bumper sell out shows from the likes of Jenny Greene and the RTÉ Concert Orchestra (above) contributed to the rise in box office revenues at the Galway Arts Festival last year

Business Today: the best news, analysis and comment from The Irish Times business desk

Kia e-Soul electric car: its big selling point is the new 64kW battery with an official range between charges of 452km.

We test drive a family model with neat looks and single-charge capacity of 400km-plus

Facebook announced plans to address user concerns over the tracking of their online activity advertisers by giving users control over data which apps and websites share with the social network about their activity elsewhere on the web

Business Today: the best news, analysis and comment from The Irish Times business desk

A new EU-wide testing regime will result in higher emissions ratings on new cars. As VRT and motor tax is rated on a car’s emissions, this will have implications for  motorists and exchequer returns. Photograph:  David Hecker/Getty

Call for tax strategy group recommendations on VRT and motor tax to be put into place

US confectionary giant Hershey has taken a significant minority stake in fast-growing Irish snack brand Fulfil

Business Today: the best news, analysis and comment from The Irish Times business desk

Ryanair pilots in Ireland have voted to strike on Thursday and Friday, August 22nd and 23rd, at the height of the summer holiday season

Business Today: the best news, analysis and comment from The Irish Times business desk

Chris Barrett in action for Mayo during this year’s  All-Ireland championship. Photograph:    ©INPHO/James Crombie

Mayo star says intercounty GAA players should be offered tax breaks similar to other athletes

Gavin Hydes, chief executive of Joe Duffy Motors Group:  “Every time we sell a car, I’m collecting between €10,500 and €11,000 worth of tax.”  Photograph: Crispin Rodwell

Joe Duffy Group boss on Brexit, used imports, and using data to grow to Ireland's car dealer group

Gavin Hydes, chief executive of Joe Duffy Motors Group: Used vehicle sales at the group were up 5 per cent to €131 million. Photograph: Crispin Rodwell

Motor dealer network makes strides for ninth year despite falling new car demand

The Minister for Finance Paschal Donohoe (right) met yesterday with  chancellor of the exchequer Sajid Javid about the UK government’s plans for exiting the EU

Business Today: the best news, analysis and comment from The Irish Times business desk

 Motor trade concerned that WLTP  will result in many new cars being rated with higher official emissions figures. Photograph: Luke MacGregor/Bloomberg via Getty

Move follows concerns that new emissions tests will push more cars into high tax bands

Administrators appointed to Harland and Wolff shipyard will file for insolvency at the High Court in Belfast today.

Business Today: the best news, analysis and comment from The Irish Times business desk

Sales at Apple’s Irish-registered international holding company rose 13.1 per cent to $155.8 billion (€141 billion) in 2018, new accounts filed by the company show

Business Today: the best news, analysis and comment from The Irish Times business desk

The total new car market for 2019 is down 7.57%,  with 105,441 new car registrations to the end of July. In contrast  used imports are up 4.2%  this year at 62,505

Older diesels dominate growing used vehicle import market

 Federal Reserve Chairman Jerome Powell announces the Fed’s decision to cut interest rates

Business Today: the best news, analysis and comment from The Irish Times business desk

Claims in Ireland could amount to more than €200 million, depending on how many of the hauliers are still in business. Photograph: Mikael Sjoberg/Bloomberg via Getty Images

European Court of Justice ruling may prompt thousands of compensation claims here

Ireland cannot continue to say “no,no,no” to international efforts for the reform of corporate taxes, according to the man leading the efforts to reach agreement at the OECD. Photograph: Alan Betson

Business Today: the best news, analysis and comment from The Irish Times business desk

Members of the Irish Airline Pilots’ Association met on Tuesday over Ryanair’s lack of response to a pay claim they submitted in February

Business Today: the best news, analysis and comment from The Irish Times business desk

Microsoft has pumped $1 billion  in pursuit of the ultimate AI dream: a vast, artificial human brain that can run on Microsoft’s globe-spanning cloud computing system

Business Today: the best news, analysis and comment from The Irish Times business desk

At the heart of the issue is the European-wide adoption of a new, stricter emissions-testing regime, known as WLTP. Photograph: Patrick T Fallon/Bloomberg via Getty Images

Tax band changes would punish older, dirtier cars, but cut rates for newer, cleaner models

Minister for Finance Paschal Donohoe has rejected claims from the Irish Fiscal Advisory Council that his spending forecasts “lack credibility”.

Business Today: the best news, analysis and comment from The Irish Times business desk

In 2009, when the financial crisis struck and car sales collapsed, the tax take fell to €375 million.

How current motorists, new car buyers and those importing from the UK will be affected

The proposed alternative tax regime would see the number of VRT bands increase from 11 to 14, with a new low rate of 7 per cent applied to vehicles with emissions below 51g/km. Photograph: Luke MacGregor/Bloomberg via Getty Images

Additional tax bands, removing hybrid tax relief and replacing diesel surcharge with NOx emissions charge are among proposals

BMW 118d: the mix of engaging steering and smooth power delivery, combined with a smart modern cabin, is enough to justify its premium badge

First drive: The 118d delivers a fun drive in a front-wheel drive format thanks to smart engineering innovations

Ryan Pandya (left) and Perumal Gandhi of Perfect Day, the Cork-born biotechnology company has begun selling an ice cream free of animal products, which has been developed using a lab-grown protein

Business Today: the best news, analysis and comment from The Irish Times business desk

Moody’s, the ratings agency, has downgraded Digicel Group and changed its outlook for the company to negative

Rating agency says a return to sustained revenue and earnings growth has not materialised

Volkswagen Group is to invest in Ford’s autonomous vehicle venture, Argo AI, in a deal that deepens the alliance between two of the world’s largest auto giants. Photograph: Bloomberg via Getty

Latest move will speed up commercial rollout of self-driving vehicles, while Ford will get a new electric car model for Europe

Beef magnate Larry Goodman has been building up a stake in Green Reit in recent weeks, as the Dublin-listed property company courts bidders after putting itself up for sale in April

Business Today: the best news, analysis and comment from The Irish Times business desk

Overall, the Audi e-Tron crossover delivers proper premium flair in a family-sized car, but at a hefty price

Road test: Spacious electric crossover has a claimed official range of 391km

Dublin Port is seeking planning permission for an estimated €320 million worth of projects that will bring it to “its maximum and ultimate capacity” by 2040

Business Today: the best news, analysis and comment from The Irish Times business desk

The Gowan Group is to take control of the Opel brand in the Republic

Family business already holds the Peugeot and Honda franchises for the Republic

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