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New car registrations in Leitrim down 23%

Uncertainty over impact of Brexit

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New car registrations in Leitrim down 23%

New car registrations are down in Leitrim.

New car sales in Leitrim dropped from 167 in January 2018 to 128 in January 2019, a decrease of 23.35%.

The Society of the Irish Motor Industry's (SIMI) official 191 new vehicle registration figures for January showed that 191 registrations are down 12.6% (32,374) when compared to January 2018 (37,023).

It’s a similar story for Light Commercials which are down 16.3% (5,650) compared to January last year (6,753), and HGV (Heavy Goods Vehicle) registrations are also down 11.4% (356) in comparison to January 2018 (402).

The SIMI Report highlights Ireland’s strong economic performance last year but despite the steady levels of growth, the Motor Industry faced a significant and uncertain year with monthly declines in new car registrations figures, reflecting the substantial impact of Brexit.

Used car imports in 2018 reached the highest level on record at 100,755 accounting for 44.5% of the total car market in 2018.

Used car imports for January 2019 (9,006) have seen a very slight decrease 0.6% on January 2018 (9,061).

Sterling weakness and Brexit related uncertainty were the key drivers in 2018 and have continued to be a characteristic of January 2019.

The dampening of new sales volumes has affected both the car and commercial sectors and until the 29th of March this deep uncertainty will continued. 

Figures for neighbouring counties showed Cavan drop from 435 to 395 (-9.2%), Donegal 863 to 764 (-11.47%), Longford 
236 to 172 (-27.12%), Roscommon 385 to 324 (-15.84%), and Sligo 369 to 351 (-4.88%).