Car sales are down every month this year.
New car sales have taken a dive this year and are down by 10.2% over the first six months of the year according to new figures released on Monday by Motorcheck.ie.
The drop in sales is due to uncertainty in the economy caused by Brexit and exchange rates which makes it increasingly cost-effective to import used cars from the UK rather than buy them brand new in Ireland.
Used vehicle imports are up 41% or 13,381 units in the first half of the year.
But it’s not all doom and gloom in the motor industry as the outlook is largely positive with figures on track as total new car sales for the year look set to be in and around 120k units.
These were the most sold cars in the month of June this year…
Month to the end of June 2017:
- The top 5 Manufacturers, in order, with the most new car registrations are – BMW, Volkswagen, Toyota, Skoda, Dacia
- The top 5 Models are – BMW 5 Series, BMW X1, Volkswagen Golf, Dacia Sandero, BMW 4 Series
- New car sales in June down 13% (1,397 units in 2017 vs 1606 units in 2016)
Overall for the year, the outlook looks like this…
Six Months to the end of June 2017:
- The top 5 Manufacturers, in order, with the most new car registrations are – Volkswagen, Toyota, Hyundai, Ford and Nissan
- The top 5 Models are – Hyundai Tucson, Nissan Qashqai, Volkswagen Golf, Skoda Octavia and Ford Focus
- Diesel remains he most registered fuel type with 66% of vehicles diesel cars (60,034 units), with Petrol cars accounting for 27% of all registration and year on year up 30% (27,460 units)
- Electric and Hybrid vehicles are making a mark and now account for 3.7% of the total new market (up from only 1% last year) with Hybrids up 78% (3,019 units) and Electric vehicles up 33% (369 units) against the same period last year.
- The top selling commercial vehicles were the Ford Transit, VW Caddy, Renault Trafic, Ford Transit-Connect and Peugeot Partner
