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Ford chief calls for extension to VAT cut as Covid-19 hits industry hard


THE Government should extend the current VAT reduction until the end of March to help lessen the blow of the lockdown on the motor industry, according to Ford Ireland chief John Manning.
Anything that will help lower the impact of not being fully open for business is to be welcomed, and Mr Manning’s message is timely.
It is up to the government now to do all it can on that front.
January, as you know, is always the busiest month for new car sales. However, the current Covid-19 restrictions will seriously restrict business for dealers, perhaps into February, Mr Manning said. ....

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