Offaly sees second largest drop in new car sales in entire country

Justin Kelly

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Justin Kelly

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news@offalyexpress.ie

Offaly sees second largest drop in new car sales in entire country

Offaly sees second largest drop in new car sales in entire country

Official statistics released today by the Society of the Irish Motor Industry (SIMI) show that Offaly has experienced the second largest drop in new car sales across the entire country.

The SIMI figures show nationally that total new car registrations for the month of May are up 4.7% (6,341) when compared with May 2018 (6,055). New car registrations in the year to date, however, are down 7.6% (79,343) on the same period last year (85,868). 

In Offaly, 869 new cars were sold between January and the end of May 2019 compared to 1,071 during the same period in 2018. That represents an 18.9% drop, second to the 20% drop recorded in Carlow. 

Elsewhere, new light commercial vehicle (LCV) registrations are up, 5.2% (1,726) on May 2018 (1,641), with registrations year to date down 8.4% (14,617). While new heavy commercial Vehicles (HGV) sales increased by 31.3% (298) in comparison to May 2018 (227) and year to date are also up 7.7% (1,491)

Imported Used Cars for May increased 4.1% (9,346) on the same month last year (8,978) while year to date imports are 3% (45,062) ahead of 2018 (43,739).

New electric vehicle registrations continue to grow month on month with a total of 1,902 EV cars registered so far this year, surpassing the total number of EVs registered for 2018 (1,233).

Commenting on the registrations figures Brian Cooke, SIMI Director General said: “Registrations for the month of May, both cars and light commercial vehicles, showed an improvement on May of last year, although the increase in numerical terms was relatively small."

"However, sales overall year to date have been disappointing with both business and consumer Brexit related uncertainty contributing to dampened demand for new vehicles. As we move into June the Industry is now focused on preparations for the start of the July 192 registration period."

"This will see a variety of strong offers to consumers across all brands, and in this environment, consumers will have a wide choice of cars to choose from at a really competitive price.”