Figures released from SIMI (Society of the Irish Motor Industry) yesterday show a decline of 22.5% in new car sales in May.
There were 5,963 new cars sold in May, 1,735 fewer than during the same month in 2012.
Alan Nolan, Director General of SIMI said the May figures continued the trend of what has been a very poor year, the year to date figure being 14.5% down on the first five months of last year.
“It is clear that there has been even less spending in the domestic economy this year than in recent years, which were not good to begin with,” Mr Nolan added.
Nolan continued: “At this time of year the motor industry is usually beginning to ease down, as the second half of the year approaches, and traditionally sales begin to tail off until the New Year.
“This year with the new ‘132’ registration period beginning on July 1, there are now real benefits for consumers buying at this time of year.
“The Industry is gearing up for some extra interest and activity in July.
“Certainly June should be a really good shopping month for consumers, with great offers and trade-in values to buy in June, as well as the potential for a new 132 plate.”
New cars - Volkswagen was the top selling car make in May; the Volkswagen Golf was the best selling car in May; 27% of cars sold in May were petrol, 72% diesel; silver was the most popular car colour in May; 57% of cars fell into the lowest CO2 emission category.
New LCV’s (vans/light trucks) - Ford was the top selling van make in May; the Ford Transit was the best selling van in May.
New HCV’s (trucks) - Scania was the top selling truck brand in May.