Forgot your password?

March Registrations recover on the back of Pre-Easter Hire- Drives

03 April 2017

Official statistics released today by the Society of the Irish Motor Industry (SIMI) show that new car registrations for the month of March were -7.49% (19,916) compared to (21,529) March 2016, while new cars registrations year to date are down  -8.28% (75,967 ) on the same period last year (82,824). 

Light Commercial Vehicles (LCV) show an -8.41% (3,116) decrease on March 2016 (3,402) and year to date are -10.66% (13,414). While Heavy Commercial Vehicles (HGV) are also -3.49% for the month of March (304) compared to the same month last year (315) and is -2.74% year to date.

Commenting on the figures SIMI Director General, Alan Nolan said: ”We have previously indicated that the extent of the apparent fall in registrations over recent weeks were at least in part a question of timing, as in 2016 Easter had fallen in March with the result that the seasonal registration of Hire-drive fleets was always going to be later this year. With these starting to come through in the last few days of the month we have seen the figures start to improve but clearly the trend is indicating a reduction on last year’s market.”

Although the Irish Economy is flying at the moment the car market also requires positive consumer sentiment, which peaked in the early part of 2016, but has, according to the ESRI, been edging slightly lower, in a ‘one step forward two steps back’ process since then. The ESRI suggest that the economic upswing in 2016 may have overpromised and under-delivered relative to consumer expectations; things have stopped getting worse but consumers may not have seen a clear improvement in their own circumstances. Nonetheless they confirm that consumers remain cautiously positive in their outlook and hopefully this will continue to improve.

Alan Nolan continued: “The other notable trend in the statistics is the increase of 8,579 (56.1%) in imported used cars (total 23,864 for the first quarter) as a result of weaker Sterling due to Brexit. 71% of these are over 4 years old and 26% over 7. Despite the weakness of Sterling the number of new cars imported has been minimal at just 0.17% (130) of the market in the First Quarter, underlining the incredible value for new car buyers in the Irish Market. There really has never been a better time to be a new car buyer.”

Ends

Notes to Editor
Visit beepbeep.ie for full stats
Download here Headshot Alan Nolan Director General SIMI
Download here SIMI Logo

  Stats in short:
• New car sales year to date 2017 75,967 v 2016 82,824 -8.28%
• New car sales total March 2017 19,916v March 2016 21,529 -7.49%
• Light Commercial Vehicles sales year to date 2017 13,414 v 2016 13,414 -10.66%
• Light Commercial Vehicles sales total March 2017 3,116 v March 2016 3,402 -8.41%
• Heavy Goods Vehicle total sales year to date 2017 1,031 v 2016 1,060 -2.74%
• Heavy Goods Vehicle sales total March 2017 304 v March 2016 315 -3.49%
• Click Here for (pdf document of registrations by county January-March 2017
• Top selling model March- Nissan Qashqai
• 5 Top selling car brands year to date
1. Toyota 2.Ford 3.Volkswagen 4.Hyundai 5. Nissan
• 5 Top car models year to date were
1. Hyundai Tucson 2. Nissan Qashqai 3. Ford Focus 4. Skoda Octavia 5. Volkswagen Golf

Year to Date 

Passenger Cars by County
Year to date. Exported on 3rd April 2017
County 2017 Units 2016 Units % Change 2017 % Share 2016 % Share
Carlow 952 1076 -11.52% 1.25% 1.3%
Cavan 947 977 -3.07% 1.25% 1.18%
Clare 1733 1970 -12.03% 2.28% 2.38%
Cork 9904 10907 -9.2% 13.04% 13.17%
Donegal 1696 2091 -18.89% 2.23% 2.52%
Dublin 29611 30122 -1.7% 38.98% 36.37%
Galway 2962 3472 -14.69% 3.9% 4.19%
Kerry 1718 1956 -12.17% 2.26% 2.36%
Kildare 3143 3447 -8.82% 4.14% 4.16%
Kilkenny 1490 1714 -13.07% 1.96% 2.07%
Laois 949 1089 -12.86% 1.25% 1.31%
Leitrim 351 364 -3.57% 0.46% 0.44%
Limerick 2752 3189 -13.7% 3.62% 3.85%
Longford 406 440 -7.73% 0.53% 0.53%
Louth 1652 1926 -14.23% 2.17% 2.33%
Mayo 1444 1677 -13.89% 1.9% 2.02%
Meath 2339 2785 -16.01% 3.08% 3.36%
Monaghan 628 739 -15.02% 0.83% 0.89%
Offaly 958 1147 -16.48% 1.26% 1.38%
Roscommon 794 875 -9.26% 1.05% 1.06%
Sligo 714 796 -10.3% 0.94% 0.96%
Tipperary 2177 2520 -13.61% 2.87% 3.04%
Waterford 2016 2171 -7.14% 2.65% 2.62%
Westmeath 1151 1335 -13.78% 1.52% 1.61%
Wexford 1799 2131 -15.58% 2.37% 2.57%
Wicklow 1681 1908 -11.9% 2.21% 2.3%