2015 New car sales are up over 26% for the year to date, an increase of almost 17,000 units compared with the same period in 2014 as the Motor Industry looks set to crash through 100,000 new cars sold for the first time since 2008.
Commercial Vehicle Sales
The Motorcheck.ie registration statistics released today also reveal that Commercial vehicle sales are up even more with an increase of 53% against 2014 figures underlining how the business world continues on its strong growth path after the tough years of recession. All new registrations in the country, including passenger, light commercial, heavy goods vehicles, motorcycles and Used imports from the UK, show a year on year increase for the first five months is at 16% at 126,458 Units in total.
Used imports which originate mainly from the UK (GB and Northern Ireland) continue to slide with exchange rates remaining unfavourable. Registrations resulting from used cars imports were down over 27% in May and down 12.6% year to date. This trend continues to compound the stock shortage in the used car market as demand still far exceeds supply in this sector of the market used car prices remain high and bargains are hard to find.
Whilst it’s great to see new vehicle sales in both the private sector and the commercial sector continue to rise, stock shortages in the used car sector is a worrying trend and is resulting in not much choice and value in this sector for the used car buyer. When this happens people feel under pressure to complete sales so we would urge buyers to keep ensure they perform a thorough check before parting with their hard earned cash.
- The top 5 Manufacturers with the most new car registrations are – Volkswagen, Toyota, Ford, Hyundai and Nissan
- The top 5 Models with the most new car registrations are – Volkswagen Golf, Ford Focus, Nissan Qashqai, Volkswagen Passat and Skoda Octavia
- Diesel remains he most registered fuel type up 22% year on year to June 2015, with Petrol up 37% and Hybrid’s just 14%
- The top 5 Diesel models are VW Golf, Ford Focus, VW Passat, Hyundai 1x35 & Nissan Qashqai
- The top 5 Petrol models are Ford Fiesta, Toyota Yaris, Renault Clio, Opel Corsa and VW Polo
- The colour black (up 19%) has replaced Silver (up15%) as the most common car colour, followed by grey, white and blue
- The most common body types are Hatch/Liftback up 43% and followed by MPV (20%) before the traditional Saloon comes in third, followed by Estate and Coupe