Crisis in Car Rental Sector to delay tourism recovery

  • 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!
Share this:Share on FacebookTweet about this on TwitterShare on Google+Share on TumblrPin on PinterestShare on LinkedIn
To unsubscribe from the ITIC newsletter, please email info@itic.ie with "Unsubscribe From Ezine List" as the subject.