New 202 registration period can restore hope for motor industry

The Society of the Irish Motor Industry (SIMI) has released its official new commercial vehicle registrations statistics, which shows a year to date decline across the board, as expected due to Covid-19.

Brian Cooke, SIMI

SIMI director Brian Cooke said while this year has been so far difficult for the industry, the new 202 period, which commenced yesterday (July 1), “brings some hope for the industry by providing an opportunity to increase sales.”

SIMI’s official figures show new light commercials vehicles registrations are down 24.1 per cent (568) compared to June last year (748) and year to date are down 30.9 per cent (10,579).

The Peugeot Partner Van (852 units), the Citroen Berlingo (749), and the Ford Transit van (661) are the top three best selling light commercial vehicles in Ireland so far this year.

HGV registrations are down 67.9 per cent (101) in comparison to June 2019 (315). Year to date HGV’s are down 32 per cent (1,224).

SIMI figures show that the Scania 3 Axle Tractor (134), the Volvo 3 Axle Tractor (90), and the Scania 2 Axle Tractor (83) are the top three besting selling HGVs here in Ireland so far this year.

Mr Cooke said: “Clearly 2020 has been a very difficult year to date….the new 202-registration period brings some hope for the Industry by providing an opportunity to increase sales.

“Going forward, recovery for the sector will be extremely challenging with both new car and commercial vehicle registrations at recession levels.”

Mr Cooke added: “Extension of Government supports beyond the current expiry dates will play an important role across all sectors, while for the Motor Industry changes in VRT that encourage motorists to trade up to a lower emitting car have the potential not only to protect local employment, but can also encourage renewal of the national vehicle fleet, which will play an important role in reducing emissions from transport.

“VRT reductions could help kick-start the Industry, increase demand and increase the overall tax take.”