Crisis in Car Rental Sector to delay tourism recovery  
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  • ITIC has predicted that the lack of an adequate supply of cars on the rental fleet this year could lead to a serious loss of business, particularly in the peak season.

  • It has called on the Government to address the issue in the Finance Act by introducing three remedial self-financing measures:

    - Postponing the proposed elimination of the Vehicle Registration Tax (VRT) refund.
    - Introduction of a stimulus package.
    - Extension of the scrappage scheme to 2010 registered cars coming off this year's fleet.

  • CLICK HERE to download a copy of the Press Release. Or for a detailed report, Car Rental Shortage & Tourism, CLICK HERE.

  • If you would like to comment on anything you've heard here, VISIT OUR BLOG!


March 9th 2010

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