Chal­leng­ing sales en­vi­ron­ment means bet­ter deals on of­fer

The 5 Top Sell­ing Car Brands 2018 were: 1. Volk­swa­gen 2.Toy­ota 3. Hyundai 4. Ford 5. Nis­san The 5 Top car model’s 2018 were: 1. Hyundai Tuc­son 2. Nis­san Qashqai 3. Ford Fo­cus 4. Volk­swa­gen Golf 5. Skoda Oc­tavia Top Sell­ing Car 2018: Hyundai Tuc­son Top Sel

The Kerryman (South Kerry Edition) - - DRIVE INTO 191 -

OF­FI­CIAL statis­tics re­leased last week by the So­ci­ety of the Ir­ish Mo­tor In­dus­try (SIMI) show that the to­tal new car regis­tra­tions for the year 2018 fin­ished at 125,557, -4.4% down on 2017 (131,332).

New Light Com­mer­cial Ve­hi­cle regis­tra­tions (LCV) fin­ished at 25,561, record­ing an in­crease of 5.55% for the year in 2018, while New Heavy Com­mer­cial Ve­hi­cle regis­tra­tions (HGV) 2,590 saw a slight de­crease of 0.5% over the 12 months com­pared to 2017 (2,603).

Im­ported Used Cars for the first time in his­tory have reached 100,755 for 2018 an in­crease of 7.81% on 2017 (93,454). While Used Com­mer­cial Ve­hi­cle Im­ports de­creased dur­ing 2018; LCV -2.9% and HGV down -0.5%.

Other note­wor­thy stats show that new elec­tric car regis­tra­tions for 2018 in­creased with 1,233 reg­is­tered in com­par­i­son to 622 in 2017.

The diesel and petrol mar­ket-share have moved closer, with diesel in 2018 ac­count­ing for 54% and petrol (in­clud­ing Petrol Hy­brid) 44%.

In 2018, SIMI fig­ures show that there 2,660 new car regis­tra­tions in Co Kerry (down 5.67% on 2017) and 15,223 new car regis­tra­tions in Co Cork (down 7.85% on 2017).

Com­ment­ing on the fig­ures SIMI Di­rec­tor Gen­eral Des­ig­nate, Brian Cooke said “De­spite the strong eco­nomic per­for­mance of Ire­land last year, 2018 proved very chal­leng­ing for new car sales.

“The drop in new car regis­tra­tions is largely a re­sult of Brexit and the as­so­ci­ated weak­ness of Ster­ling. This has led to a surge in used car im­ports over the last 2 years, and 2018 saw used im­ports sur­pass the 100,000 mark for the first time.

“The Mo­tor In­dus­try is, how­ever, as al­ways, for­ward look­ing, and with the new 191 sales pe­riod now com­menc­ing, Jan­uary and the first quar­ter will be the key fo­cus for deal­ers. In this con­text, the new car mar­ket is hugely com­pet­i­tive, with a wide choice of mod­els and creative in­cen­tives, as well as the avail­abil­ity of a va­ri­ety of fi­nanc­ing op­tions driv­ing real value for new car cus­tomers.

“For con­sumers look­ing at the used car mar­ket, whether an Ir­ish car or a used im­port, SIMI’s ad­vice is to shop around and con­sider the real ben­e­fits of shop­ping in your local re­tailer, who not only pro­vides value to the cus­tomer but also en­cour­ages eco­nomic ac­tiv­ity lo­cally.”

Newspapers in English

Newspapers from Ireland

© PressReader. All rights reserved.