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Motoring News Stories

 

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  •  Car sales to exceed 95,000 in 2014 
  •  €902million contributed to the Exchequer from new and used car sales
  •  142 plate delivers increased activity in Q3
  •  Employment in Motor Industry increases by 4,200 jobs
  •  New car sales could potentially get close to 120,000 in 2015
  •  Further new jobs forecast for the Motor Industry in 2015 
  •  Petrol, Diesel and new car prices down in 2014
  •  Motor insurance rises by 6.7% in 2014

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The Society of the Irish Motor Industry (SIMI) have welcomed the broad strategy contained in today’s Budget, which carries a strong message that the Irish economy has now moved out of the austerity period. 

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The Society of the Irish Motor Industry (SIMI) has underlined the need for stability in their pre-Budget submission to the Government as the sector continues to try and get back on its feet.

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The Society of the Irish Motor Industry (SIMI) today released figures showing 93,186 new cars have been sold so far this year, an increase of 30% on 2013. Car sales in September (3,919) saw a 24% increase on the same month last year (3,161). 

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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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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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