Sales of new cars down in January while used car market performing well

Figures released this week from the SIMI (Society of the Irish Motor Industry) show that new car sales in January were 18.8% down on January 2012. HGV’s (Heavy Goods Vehicles) were down by 7.3%, while LCV’s (Light Commercial Vehicles) were down 9.3% over the same period.

Figures released this week from the SIMI (Society of the Irish Motor Industry) show that new car sales in January were 18.8% down on January 2012. HGV’s (Heavy Goods Vehicles) were down by 7.3%, while LCV’s (Light Commercial Vehicles) were down 9.3% over the same period.

Alan Nolan, Director General SIMI: “There has been a slower start to the year than we would have hoped, given that there appear to be some positive signs on consumer confidence, but our sector has not yet seen any positive impact from this. It is, however, early days yet to judge how the year will pan out based on just one month’s figures, so we will all be following next month’s progress very closely.

“The new number plate system was always going to be a slow start, with the change only announced in December, but we would expect to see increased interest as these cars are seen out on the road. Dealers have been reporting that some customers believe the new number plate is only for this year, so it’s worth underlining that the new number plate system is here to stay, with 141 being the number for January next year. See this video for more information on the new plate.

“Although new car business has seen a slower start than last year, dealers are reporting that used cars are selling strongly which means continued demand for trade-ins and trade-in values holding up.”
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Top selling car makes
1. Volkswagen
2. Toyota
3. Ford
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Top selling models
1. Ford Focus
2. VW Golf
3. Nissan Qashqai