Written answers
Tuesday, 15 April 2014
Department of Finance
Motor Industry Issues
Michael Healy-Rae (Kerry South, Independent)
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201. To ask the Minister for Finance if he will consider a car swappage scheme which would hopefully have the effect of improving sales; and if he will make a statement on the matter. [17858/14]
Michael Noonan (Limerick City, Fine Gael)
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In their 2014 pre-Budget submissions, SIMI called for the introduction of a "swappage scheme" to support the car industry. The proposal was considered at the time but given budgetary constraints was not proceeded with.
It is open to the industry to bring forward such proposals for consideration in Budget 2015. However, in this context, the Deputy will be aware that car sales figures for the first three months of this year have been over 26% higher than the same period in 2013, suggesting the industry is showing signs of recovery.
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