08 Aug 2022

Latest figures show 10% drop in new car sales in Donegal

Sales of new cars falling in Tipperary

New car registrations in Ireland for October saw an increase of 6.2% (2,315) when compared to October 2019 (2,179), according to the Society of the Irish Motor Industry.
Registrations for the year to date are down 25.2% (86,870) on the same period last year (116,124).
In Donegal, a total of 2,086 new vehicles have been registered in the first ten months of this year, down just over 10% on the 2019 figure.
Light Commercials vehicles (LCV) are up 56.2% nationally (1,667) compared to October last year (1,067) and year to date are down 15.3% (20,587). HGV (Heavy Goods Vehicle) registrations are up 15.7% (155) in comparison to October 2019 (134). However, year to date HGV's are down 21.5% (1,951).
Used car imports for October (9,315) have seen a decrease of 18.7% on October 2019 (11,457). While year to date imports are down 37.7% (58,504) on 2019 (93,892).
Brian Cooke, SIMI Director General, said: “October new car and light commercial vehicle registrations are broadly in line with the same month last year. However, like many other retail sectors, overall this year has been hugely difficult due to COVID-19, with new car sales down 25% year to date.
“With car showrooms closed for the next number of weeks due to Government COVID-19 restrictions, retailers have been enhancing their online presence, particularly with the month of November being the key selling period for forward orders for the new registration plate in January.
“Manufacturers and retailers are already offering generous incentives for customers to buy a new car. With the ongoing impact of COVID and the impending Brexit deadline fast approaching it is vital that the Government continue to support business in this uncertain trading environment.”

To continue reading this article for FREE,
please kindly register and/or log in.

Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!

Register / Login

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.