Toyota Ireland welcomes decision to extend hybrid VRT relief

Minister for Finance Paschal Donohoe extends VRT relief for Hybrids in Budget 2019 in bid to help address environmental impact of fossil-fuel motoring

In a statement on today’s budget, Steve Tormey, CEO of Toyota Ireland, said: “Meeting our environmental commitments relating to carbon emissions will require a huge effort on the part of Government, industry and public over the coming years, and the decision to extend the hybrid VRT relief is an important step in that campaign.

“Toyota has led the motor industry in environmentally friendly technology for the past 30 years and we will continue to do so through the development and adoption of energy-saving options such as self-charging hybrid and fossil fuel alternatives including hydrogen and electric. 

As many people know, hybrid cars operate in electric mode almost 50 percent of the time in city driving conditions and until such time as pure electric motoring issues such as range anxiety on affordable mass market cars and charging infrastructure are addressed, it is our firm belief that hybrid represents the best solution for a lower carbon reliant society and therefore cleaner air for future generations."

“Our decision to cease the production of diesel powered passenger cars this year has paved the way towards our introduction of five new hybrid only cars in 2019, including the world’s best-selling car, the Corolla in Hatchback, Saloon and Touring Sports, the RAV4 and the re-introduction of the iconic Camry. 

While there are now 30,000 hybrid cars on Irish roads, the extension of the VRT relief means that more consumers will be able to make the informed decision to switch to hybrid without any additional cost implications. The Toyota hybrids sold in 2019 will save an estimated 60,000 tonnes of CO2 over their lifetime compared to the same number of conventional (diesel and petrol) cars.”

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