Best quarter for car sales since 2008

New car sales for the first quarter of this year are up by 26 per cent on the same period last year, figures just released by the Society of the Irish Motor Industry (SIMI) confirm.

Sales in March are up 23 per cent, reflecting a continuation of the consumer confidence that has been apparent since the start of the year.
The Commercial Vehicle market is also positive, with light commercia l/ van sales up 43 per cent this quarter and up 45 per cent in March alone. Heavy commercial / truck sales are up 40 per cent so far this year and 31 per cent in March alone.

Alan Nolan, SIMI Director General: “Vehicle sales for the first quarter of 2014 remain significantly ahead of last year. Already we have registered over two thirds of total car sales for last year. We are clearly starting from a low base but the most notable point has been the return of retail consumers to the marketplace and that can be seen both in showrooms and in the number of 141 cars visible outside homes, schools and shops. This has been significantly assisted by the improved availability of retail finance from the Finance Houses who are strongly supporting the recovery in the market.”

Related Articles

Card image cap

142 car sales exceeds all expectations

A total of 4,264 new cars were registered on Tuesday, the first day of the new 142 registration plate, surpassing all expectations. The Society of the Irish Motor Industry (SIMI) had previously outlin...

Posted 10 years ago

Card image cap

Surge in car sales drives 4,200 new jobs in Irish auto sector

Latest Society of the Irish Motor Industry (SIMI) figures show 89,279 new cars have been registered so far in 2014 - 15,000 more than all of last year. SIMI estimates that 4,200 new jobs have been ...

Posted 10 years ago

Card image cap

Booming Irish car sales expected to continue into 2015

A bumper year for new Irish car sales in 2014 looks likely to continue in 2015. The latest figures for 2014, from Motorcheck.ie, show the market is up 30% on 2013 figures. The industry had predicte...

Posted 10 years ago


Tags

Car Sales, SIMI