New car sales down six per cent in Longford

News reporter

Reporter:

News reporter

Email:

newsroom@longfordleader.ie

Car sales

There has been a slackening off in new car sales in Longford

Official statistics released this week by the Society of the Irish Motor Industry (SIMI) show that the total new car registrations in Longford for the month of June were down 10.4% (1,255) when compared to June 2017 (1,400).

Registrations year to date are 4.5% (87,151) down on the same period last year (91,215).

In Longford, new car registrations from January to June have dropped by 5.95% from 454 in June 2017 to 427 in June 2018.

Across the country, new Light Commercial Vehicle registrations (LCV) were slightly up 2.06% (694) on June 2017 (680) and year to date are up 5.7% (16,633).

While New Heavy Commercial Vehicles (HGV) have seen an increase of 110% for the month of June (185) compared to the same month last year (88) and are down 1.1% (1,571) year to date.

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

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% 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.

“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 to shop around and find the best deal from local dealers.”