Irish Market Down

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Official statistics released today by the Society of the Irish Motor Industry (SIMI) show that the total new car registrations for the month of June were down 10.4% (1,255) when compared to June 2017 (1,400). Registrations year to date are 4.5% (87,151) down on the same period last year (91,215).

New Light Commercial Vehicle registrations (LCV) were slightly up 2.06% (694) on June 2017 (680) and year to date are up 5.7% (16,633). While New Heavy Commercial Vehicles (HGV) have seen an increase of 110% for the month of June (185) compared to the same month last year (88) and are down 1.1% (1,571) year to date.

Imported Used Cars have shown an increase of 11.5% for the month of June 2018 (8,142) when compared to June 2017 (7,304) while year to date are 12.8% (51,879) ahead of 2017 (46,002).

Commenting on the figures SIMI Director General, Alan Nolan stated “While June has seen a decline in new car registrations of 10.4%, registrations in this month are relatively small numbers as many consumers will have waited for a 182 registration number. The more relevant measure is the Year to Date figure which shows a decline of 4.5% compared to the same period in 2017. This is somewhat at odds with the growth in economic activity in the country but has to be seen in the context of the volume of used car imports which impact negatively on new car sales. Commercial vehicle registrations both light and heavy vehicles have seen some increase for the month of June, reflecting investment for businesses… This week marks the start of the 182 sales period, and with plenty of competitive offers for consumers right across the various brands, there is something for everyone. As always our best advice to consumers is shop around to find the best deal from local dealers.”

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About Author

Michael Sheridan

Michael is Motorhub's Editor. Well known from TV and radio, Michael has been writing, presenting and judging cars since the mid 90's. He is a renowned Producer/Director and documentary film maker. Dozens of credits include: The Whole Way Round (Gay Byrne), The Shamrock Run (Alan Shortt), The Viking Run (Clodagh McKenna) and The Irish 66ers (David Mitchell) and The Climb for Kids (Colin Farrell). Print credits include: the RTE Guide (motoring editor 1999-2003), many national daily papers and Sundays including The Irish Times (freelance) plus other magazines. National radio credits include multiple at RTE Gerry Ryan show, the Mooney Show, The Dave Fanning Show, Drivetime etc. TV credits as a motoring expert include RTE's flagship current affairs show Primetime and TV3's Ireland AM. Michael also presented RTE's car show Drive! in the late 90s and directed some items in MPH2 on TG4. Michael contributes weekly on motoring issues to The Last Word show with Matt Cooper on Today FM. Michael has represented Ireland's motoring journalists in Motorsport at the International Mazda MX-5 endurance race series in Italy and the Arctic Ice Race. He has been a Car of the Year Judge for over 18 years and is a former Chairperson of the Association of Professional Motoring Press (APMP).

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