8 Factors that will shape the Motoring Landscape in 2019
Political factors will shape the motoring landscape in Ireland in 2019, writes Geraldine Herbert Brexit With less than 74 days to go before the UK deadline, a no-deal Brexit is more likely than ever. If the UK leaves without a deal, UK car exports to the EU would become subject to a 10pc tariff under World Trade Organisation rules. A subsequent devaluation of the pound could see European car prices rise as much as 21% in the UK and UK...
A no-deal Brexit is not an option for the Irish motor industry
The impact of any Brexit deal will have far-reaching consequences for the Irish car market, writes Geraldine Herbert Since the vote by the UK to leave the EU in June 2016, used car imports have been steadily rising and have doubled in two years, up to almost 100,000 from 48,000 in 2015. New car registrations fell by 11.2pc last month and by 4.4pc overall, this year compared to 2017. Despite favourable economic conditions of strong...
