The Irish Motor Industry (SIMI) have today released figures which show an improvement in sales and jobs. The figures show that new car registrations were up 25% (15,854) last month compared to (12,711) February 2014, year to date new cars are up 29% on last year.
Furthermore, the Light Commercial Vehicles statistics show a 61% increase, on top of last year’s 51% growth, confirming that the overall economy is recovering strongly.
Recently released figures from the CSO confirm that employment in the Industry grew by 4,500 last year, on the back of the increase in vehicle sales, and now totals close to 42,000 employees.
SIMI Director General, Alan Nolan commented: "It’s good to be able to report continued progress in the Industry’s recovery back toward more normal levels of business."
"With consumer confidence remaining strong and new car sales continuing to grow we are confident that employment in the sector will increase further this year," he concluded.
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