Car sales continue to grow

Pictured at the SIMI Motor Industry Review Q4 January  Car Sales was from left, Cathal Cremen Commercial Manager Done Deal, James Brooks SIMI President, Jim Power Economist and Alan Nolan SIMI DG.
The January 2015 sales figures released by the Society of the Irish Motor Industry (SIMI) have shown an increase of 16% in new car sales in Leitrim from January 2014.

The January 2015 sales figures released by the Society of the Irish Motor Industry (SIMI) have shown an increase of 16% in new car sales in Leitrim from January 2014.

This increase highlights the continued upward trend in sales in the area following the release of the figures from this week’s SIMI and DoneDeal Motor Industry Review for 2014 which showed that during 2014 sales in Leitrim increased by 49.8% from 2013.

Last year 400 new cars were sold in the county compared with 267 in 2013 as detailed in the Motor Industry Review. Last month there were 130 cars sold, compared with 112 cars in January 2014.

According to Alan Nolan, Director General, SIMI, “The car sales figures for January are a huge boost to the Motor Industry in the Leitrim. Last year saw a recovery for the car market and to see this continue into 2015 is great news for the area.”

The Society of the Irish Motor Industry official statistics show that new car registrations in January are 31% (29,948) up on January 2014 which should see sales comfortably exceed 100,000 at the end of the year, for the first time since 2008. Current Industry projections indicate that new car sales should be close to 115,000 with Light Commercials, currently up by 70% (4,839) in January set to exceed 20,000, again for the first time since 2008. While HGV registrations are down 27%.

The review also highlighted the average age of cars on Irish roads, with over a third (35.5%) of the cars being over 10 years old, 40.5% of cars are between five and 10 years old while only 24% of cars on Irish roads are five years or younger.