New car sales drive on strongly

Kilkenny sales increase higher than national average

By John Knox

Reporter:

By John Knox

Email:

jknox@kilkennypeople.ie

New car sales drive on strongly

New car sales are up

New car sales for 2016 were up, and sales in Kilkenny out-stripped the national average.

Official statistics from the Society of the Irish Motor Industry (SIMI) show that new car registrations for 2016 (146,672) finished 17.5% ahead of 2015 (124,804). 

In the Kilkenny area, annual sales were up a hefty 19.53% on the previous year.

In December registrations were up 45% (499) compared with the same month in 2015 (344).   

Light Commercial Vehicles (LCV) for 2016 recorded an increase of 18.3% (28,180) when compared to 2015 (23,829). 

Heavy Goods Vehicle (HGV) registrations in 2016 were up 31.3% (2,873) on the previous year (2,188). 

Alan Nolan, Director General, SIMI, confirmed new car registrations for 2016 finished at 146,600 for the full year, making it the highest year for new car registrations since 2008.

"Despite some slowing in the second half of the year, the numbers are in line with expectations and underline the continued growth and buoyancy in the economy," Mr Nolan added. 

"Used car imports have also seen growth, partly due to the strong economic recovery, but also driven by short supply of 2009-2013 Irish used cars and the strengthening of the Euro against sterling following the Brexit Referendum.  Almost 50% of imported used cars were in this age profile, between three and five years old, and almost another 40% are over six years old."   

Commercial vehicle registrations, which perhaps best reflect the level of activity in the economy, were also significantly up on 2015, with Light Commercial Vehicle registrations finishing 18.3% up and Heavy Commercial Vehicle Registrations 31.3% ahead of last year. 

"As we move into 2017 and the new 171 registration period, the industry is anticipating a continuation of the strong performance seen during 2016 and is projecting similar registration numbers to last year,” Mr Nolan suggested.   

Kilkenny sales figures - 2822 (2016 units sold); 2361 (2015 units sold); 19.53% (% change); 1.92%(2016 %); 1.89% (2015 %).