Sunday May 31, 2020

Second-hand surge as new car sales take a hit reveals a bumper year for used vehicle market in 2016, but new car registrations are ‘poorer than hoped’

5th March, 2017
Alan Nolan, Simi director general

Last week, the Society of the Irish Motor Industry (Simi) released its figures for the month of February 2017, which showed that new car registrations were down 21 per cent (at 17,128) compared to the same month in 2016 (21,573).

Total new car registrations for 2017 were down eight per cent (at 56,110) on the same period last year (61,295).

In the commercial vehicle market, light commercial vehicles were down 11 per cent year-to-date following a 28 per cent dip in February, while...

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