Taxi drivers say they are being driven from the industry as they can't afford to keep their cars on the road.
A recent NTA study found that there are 19 thousand 500 licensed taxis in Ireland, down from almost 22 thousand a decade ago.
Insuremytaxi.ie is warning that the shortage is having a negative impact on Ireland's nightlife and entertainment sectors as a result.
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Managing Director Jonathan Hehir says young drivers don't feel the taxi industry is a profitable one right now.