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Fewer trading days in March but Brexit remains the biggest impact on New Car Registrations

03 April 2018

Official statistics released today by the Society of the Irish Motor Industry (SIMI) show that the total new car registrations for the month of March were down 10.5% (17,796) when compared to March 2017 (19,890), while new cars registrations year to date remain 5.5% (71,842) down on the same period last year (75,982).   
 
New Light Commercial Vehicle registrations (LCV) were up 2% (3,147) on March 2017 (3,084) and year to date are up 5.4% (12,537). While New Heavy Commercial Vehicles (HGV) have declined 11.2% for the month of March (271) compared to the same month last year (305) and are down 11.2% (916) year to date.
 
Imported Used Cars have shown a slight decrease of 4.6% for March 2018 (8,154) when compared to March 2017 (8,545) however year to date they are 9.5% (26,116) ahead of 2017 (23,862) 
 
Commenting on the figures SIMI Director General, Alan Nolan stated “March has been a challenging trading month for our Industry with snow days and two public holidays leading to shorter trading weeks, but we also had the Hire-drive deliveries at similar levels to last year to bolster registrations. Brexit however remains the dominant issue with Used Car Imports up 9.5% for the First Quarter while New Car Registrations are down by 5.5% over the same period. For the month of March New Car Registrations (-10.5%) and Used Car Imports (-4.6%) are both down, although it should be noted that the number of business days were reduced this year due to the Storm Emma and the Easter Holiday period, which was in April last year. Overall registrations for the First Quarter remain in line with projections based on the continuing impact of Brexit and the increasing volume of imported used cars. The light commercial vehicle sector by contrast has seen a continued increase reflecting the strong economic growth for businesses at present. 
 
Continuing the trend highlighted in January the Diesel market share has reduced from 67% last year to 56% in 2018. This will have implications for our CO2 Targets, as the Average CO2 emissions from a New Car (113.2 Gms/Km) in Q1 this year has increased by 1.5 Gms/Km (from 111.7 Gms/Km in Q1 2017). This would produce a calculated increase of around 2,000 Tons in Annual CO2 for the new cars registered so far this year. The Increasing volume of imported used cars in Q1 had average CO2 emissions of 121.1Gms/Km.”  
 
Ends
Notes to Editor 
Visit https://stats.beepbeep.ie/ for full stats
Download here Headshot Alan Nolan Director General SIMI
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Stats in short:
  •  New car sales year to date (2018) 71,842 v (2017) 75,982 -5.5%
  •  New car sales total March (2018) 17,796 v (2017) 19,890 -10.5%
  •  Light Commercial Vehicles sales year to date (2018) 12,537  v (2017) 11,900 +5.4% 
  •  Light Commercial Vehicles sales total March (2018) 3,147 v (2017) 3,084 +2%
  •  Heavy Goods Vehicle total sales year to date (2018) 916 v(2017) 1,031 -11.2%
  •  Heavy Goods Vehicle sales total March (2018) 271 v (2017) 305 -11.2% 
  •  Used Car Imports year to date (2018) 26,116 v (2017) 23,862 +9.5%
  •  Used Car Imports total March (2018) 8,154 v (2017) 8,545 -4.6%
  •  5 Top Selling Car Brands Year to Date were: 
  • 1. Volkswagen 2. Toyota 3.Hyundai 4. Ford 5. Nissan
  •  5 Top car model’s year to date were:
  • 1. Nissan Qashqai 2. Hyundai Tucson 3. Volkswagen Golf 4. Ford Focus 5. Skoda Octavia
  •  Top Selling Car March: Nissan Qashqai
  • Table below shows new car registrations by county year to date (January-March 2018)

Car Registrations by County January-March 2018

County

2018 Units

2017 Units

% Change

2018 % Share

2017 % Share

Carlow

947

954

-0.73

1.32

1.26

Cavan

778

946

-17.76

1.08

1.25

Clare

1635

1737

-5.87

2.28

2.29

Cork

9070

9903

-8.41

12.62

13.03

Donegal

1529

1698

-9.95

2.13

2.23

Dublin

28123

29609

-5.02

39.15

38.97

Galway

2786

2965

-6.04

3.88

3.9

Kerry

1609

1724

-6.67

2.24

2.27

Kildare

3129

3144

-0.48

4.36

4.14

Kilkenny

1441

1491

-3.35

2.01

1.96

Laois

887

948

-6.43

1.23

1.25

Leitrim

295

351

-15.95

0.41

0.46

Limerick

2644

2757

-4.1

3.68

3.63

Longford

364

405

-10.12

0.51

0.53

Louth

1651

1654

-0.18

2.3

2.18

Mayo

1293

1445

-10.52

1.8

1.9

Meath

2230

2341

-4.74

3.1

3.08

Monaghan

587

627

-6.38

0.82

0.83

Offaly

937

957

-2.09

1.3

1.26

Roscommon

656

792

-17.17

0.91

1.04

Sligo

671

714

-6.02

0.93

0.94

Tipperary

2092

2173

-3.73

2.91

2.86

Waterford

1974

2014

-1.99

2.75

2.65

Westmeath

1014

1151

-11.9

1.41

1.51

Wexford

1892

1802

4.99

2.63

2.37

Wicklow

1608

1680

-4.29

2.24

2.21