Van, Truck, Trailer, Bus and Coach Aftermarket News in Ireland

181 new car market closes – LCV sales up, HCV down slightly

Official statistics just released by the Society of the Irish Motor Industry (SIMI) show that the total new Light Commercial Vehicle registrations (LCV) were slightly up 2.06 per cent (694) on June 2017 (680) and for the year to date are up 5.7 per cent (16,633) – an encouraging result.

Meanwhile, the new Heavy Commercial Vehicles (HGV) have seen an increase of 110 per cent for the month of June (185) compared to the same month last year (88) but are still down 1.1 per cent (1,571) for the year to date.

New car registrations for the month of June were down 10.4 per cent (1,255) when compared to June 2017 (1,400). And with the end of the 181 registrations, the year to date is down 4.5 per cent (87,151) on the same period last year (91,215).

Imported Used Cars have shown a further increase of 11.5 per cent for the month of June 2018 (8,142) when compared to June 2017 (7,304) while for the year to date, registrations are 12.8 per cent (51,879) ahead of 2017 (46,002).

Some other interesting figures include Electric Vehicles total sales so far in 2018 was 529 against the market for the similar period in 2017 was 374, an increase of +41.44 percent.
The car hire total year to date (2018) remains steady at 13,680 compared to a similar period last year (2017) at 13,458, a rise of +1.65 per cent. However, there was a big jump in the June figure, at 314last month v June, 2017 at 99, a rise of +217.17 per cent.

The top five selling car brands for the year to date were: 1. Volkswagen, 2.Toyota, 3.Hyundai, 4.Ford. and 5. Nissan.

The top five new car model’s for the year to date were: 1. Nissan Qashqai, 2. Hyundai Tucson, 3. Volkswagen Golf, 4.Ford Focus, and 5.Skoda Octavia. The top selling new car in June was the Opel Corsa.
Commenting on the figures SIMI Director General, Alan Nolan stated: “While June has seen a decline in new car registrations of 10.4%, registrations in this month are relatively small numbers as many consumers will have waited for a 182 registration number. The more relevant measure is the Year to Date figure which shows a decline of 4.5 per cent compared to the same period in 2017.
This is somewhat at odds with the growth in economic activity in the country but has to be seen in the context of the volume of used car imports which impact negatively on new car sales. Commercial vehicle registrations both light and heavy vehicles have seen some increase for the month of June, reflecting investment for businesses.”

He adds: “This week marks the start of the 182 sales period, and with plenty of competitive offers for consumers right across the various brands, there is something for everyone. As always our best advice to consumers is shop around to find the best deal from local dealers.”