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Motoring News Stories

 

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Figures just released from SIMI (Society of the Irish Motor Industry) show that this year, new car registrations have generated an extra €171 million in revenue compared to the same period last year.

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Today’s vehicles and their systems are increasingly more complex and it is a challenge for the aftermarket to stay in touch. The SIMI Trade Expo will offer the ideal opportunity to meet with the industry’s aftermarket leaders, who will discuss new products, systems and equipment and provide support and answers.

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New car sales continue to grow in 2014 with a strong start to the 142 registration period. Sales in July (18,776)  saw a 61% increase on the same month last year (11,620), the first year of the new dual registration plate. July 2014 was the best July on record for vehicle registrations. So far this year, 84,474 new cars have been sold, an increase of 30% (19,571) on 2013 and 10,000 more cars than were registered in the whole of last year.

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The Society of the Irish Motor Industry (SIMI), in association with DoneDeal, has released the Second Quarter Motor Industry Review for 2014. The Review, compiled by Economist Jim Power using data from SIMI and DoneDeal, covers all aspects of the Motor Industry including sales, job creation, fuel prices and vehicle safety.

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As you may already be aware, the Department of Transport, Tourism and Sport announced changes to the driver licensing system that apply to newly qualified novice drivers and first time learner permit holders. 

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New car sales have surpassed car sales for the whole of 2013. As of July 9th, 74,911 new cars have been sold so far this year, a 28% increase on the same period last year and ahead of the full year 2013.

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4,264 new cars were registered yesterday, on the first day of the new 142 registration plate. 

This compares to 1,924 on the first day last year. SIMI had previously outlined its hopes that more than 4,000 cars would be registered in the first week of the new 142 year. 

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Today is the first day of the new '142' registration plate, which means a new registration period for new car sales. Around 4,000 new cars are expected to be sold in the first week of the new 142 registration. 

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New car sales continue to grow in 2014 with May seeing a 6% increase on May last year. So far this year, 64,031 new cars have been sold, an increase of 12,481 on 2013.

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Dublin native James Brooks has been elected President of the Society of the Irish Motor Industry, the representative body for Vehicle manufacturers/distributors, Franchise Dealerships, Independent garages and many other businesses in the Motor Industry in Ireland. 

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