Within the Irish Motor Industry there are many different business sectors and operators. Sectors such as Repairers, Vehicle Recovery, Sales, Aftersales, Distributors, Vehicle Testing, Vehicle Body Repairs, and Wholesalers to name just a few.
SIMI (Society of the Irish Motor Industry) as a member's organisation must represent the views of all our member companies. We do this by campaigning/communicating to Government, state bodies, the media and the motoring public.
Each year SIMI submits a Budget Submission to Government on behalf of the Motor Industry, requesting recommendations that would assist the growth of our Industry. An example of two initatives that were campaigned for by SIMI and passed by Government were the scrappage scheme which commenced in 2011 and the change in the registration plate to a dual registration system introduced in 2013. We also provide our members with Industry specific services such as taxation advice, employment advice, statistics, training courses and much more.
The motor sector makes a very strong contribution to the Irish economy through the employment that is created in sales and servicing, and the contribution to the Exchequer through taxes on employment, but also through the VAT and VRT payable on vehicle sales. In addition, the motor industry is spread geographically around the country and makes a very strong contribution to economic activity in the regions, including small towns and many villages.
2015 €1.19 Billion of Government Revenue was generated from new and used car sales alone while the revenue generated from vehicle servicing and repairs as well fuel duties and road tax are added to the VRT/VAT tax take on car sales, the overall taxation collected from motorists amounted to €5.4 billion to the Exchequer in 2015.