New CV registration figures for February

The Society of the Irish Motor Industry (SIMI) has released its official new vehicle statistics for February 2020.

Light commercials vehicles are down 6.9 per cent (2,294) compared to February last year (2,465) and year to date are down 0.8 per cent (7,946). Heavy goods vehicle registrations are up 14.5 per cent (300) in comparison to February 2019 (262). Year to date HGV’s are up 11.04 per cent (684).

Brian Cooke, SIMI Director General said:¬†‚ÄúPolitical and economic uncertainty is depressing consumer confidence and we now have the added problem of the Coronavirus, which may disrupt new hire drive registrations for the tourist season in March and April.”