Oireachtas Joint and Select Committees
Thursday, 17 July 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Pre-Budget Submissions: Discussion (Resumed)
11:45 am
Mr. Denis Murphy:
They are totally exaggerated. I will give one example. The market is up by 11,000 this year to date. There are 6,000, 2014 cars on used car website. They have not been sold. The figures are being manipulated. The SIMI goes on about the market being ahead by 25% to 26% but it is all manufacturer registration. It is all manipulation of the market.