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171 New Car Registrations down 8% on 161

01 March 2017

Today the Society of the Irish Motor Industry (SIMI) released its official statistics for the month of February which show that new car registrations were down -21% (17,128) compared to the same month in 2016 (21,573). With the total new car registrations for 2017 down -8% (56,110) on the same period last year (61,295).

Light Commercial Vehicles (LCV) have also seen a decrease in February -28% (2,504) when compared to February 2016 (3,457) and are currently down -11% (8,869) year to date. While Heavy Goods Vehicle (HGV) registrations were up +5% for the month of February (271) but remain down -2% (727) on that of the previous year (745). 

Commenting on the figures Alan Nolan SIMI Director General said “We have been anticipating lower numbers in February compared to 2016, with Brexit continuing to impact on used vehicle imports, with fewer working days this year and with less hire-drive cars because of a later Easter but these numbers are somewhat poorer than we had hoped”.  

The Industry projections for the year suggest a market close to 140,000 for 2017, compared to 147,000 last year, but as Economist Jim Power stated previously, “predicting the new car market for this year is going to be far more difficult than usual”.   

Even with the relatively poor market in February, the Year-to-Date figure remains just 8% below last year so attention will now turn to the final month of the First Quarter. As a result the market for March will be very closely watched by the Industry for a clearer indication of where the 171 registration period is likely to finish up. While the economic indicators for Ireland are extremely strong, the ESRI have recently noted a fall in consumer confidence in December followed by an increase in January, although still behind 2016. The Motor Industry can act as a very accurate barometer for the Economy and consumer confidence so such volatility in consumer sentiment tends to be reflected in the vehicle registration statistics.”

Ends
Notes to Editor

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Stats in short:
• New car sales year to date (2017) 56,110  V (2016) 61,295 -8.46%
• New car sales total February (2017) 17,128 V (2016) 21,573 -20.6%
• 5 Top Selling Makes for the Year 2017: 
1. Toyota, 2. Hyundai, 3. Ford, 4. Volkswagen,5. Nissan
• 5 Top Selling Models for the Year 2017
1. Hyundai Tucson 2. Nissan Qashqai 3. Ford Focus 4. Skoda Octavia 5. Volkswagen Golf
• Car Sales by county year to date 

New Cars Registrations by County Year to date.  
Exported on 1st March 2017

County

2017 Units

2016 Units

% Change

2017 % Share

2016 % Share

Carlow

685

830

-17.47%

1.22%

1.35%

Cavan

763

746

2.28%

1.36%

1.22%

Clare

1333

1522

-12.42%

2.38%

2.48%

Cork

7575

8295

-8.68%

13.5%

13.53%

Donegal

1372

1647

-16.7%

2.45%

2.69%

Dublin

20319

21145

-3.91%

36.21%

34.5%

Galway

2258

2586

-12.68%

4.02%

4.22%

Kerry

1332

1415

-5.87%

2.37%

2.31%

Kildare

2434

2773

-12.23%

4.34%

4.52%

Kilkenny

1137

1307

-13.01%

2.03%

2.13%

Laois

758

871

-12.97%

1.35%

1.42%

Leitrim

283

294

-3.74%

0.5%

0.48%

Limerick

2154

2458

-12.37%

3.84%

4.01%

Longford

321

340

-5.59%

0.57%

0.55%

Louth

1273

1517

-16.08%

2.27%

2.47%

Mayo

1114

1225

-9.06%

1.99%

2%

Meath

1851

2137

-13.38%

3.3%

3.49%

Monaghan

494

580

-14.83%

0.88%

0.95%

Offaly

738

888

-16.89%

1.32%

1.45%

Roscommon

641

675

-5.04%

1.14%

1.1%

Sligo

539

639

-15.65%

0.96%

1.04%

Tipperary

1675

1868

-10.33%

2.99%

3.05%

Waterford

1521

1550

-1.87%

2.71%

2.53%

Westmeath

850

1023

-16.91%

1.51%

1.67%

Wexford

1369

1522

-10.05%

2.44%

2.48%

Wicklow

1321

1442

-8.39%

2.35%

2.35%


• Light Commercial Vehicles sales year to date (2017) 8,869 (2016) 10,012 -11.42%
• Light Commercial Vehicles sales total February (2017) 2,504 v (2016) 3,457 -27.5%        
• Heavy Goods Vehicle total sales year to date (2017) 727 v (2016) 745 -2.42%
• Heavy Goods Vehicle sales total February (2017)271 v (2016) 258 +5.04%

For further information:
Teresa Noone, SIMI, 01 676 1690 / 087 792 8844 / tnoone@simi.ie