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New Automotive Gross sales drop in Jan 2017 while Used Imports Surge

New Automotive Gross sales are down 1.75% in January 2017 while Used Imports surge by 67% because of Brexit and trade charges.

Official figures launched at the moment by Automotive Historical past consultants Motorcheck.ie present that new automobile gross sales in January 2017 have decreased barely on final 12 months with 39okay items bought in comparison with 39.7k items in January 2016.  This represents a small drop of about 1.75%. A big surge of 5,063 items registered on the final day of the month introduced the figures virtually into line with final 12 months as producers regarded to hit their targets.

Hyundai prime promoting model and mannequin

Hyundai continues to strengthen its rise to reputation by turning into the nation’s prime promoting make in January with the Hyundai Tucson once more dominating the crossover SUV phase and persevering with its reign on the prime as Eire’s best-selling new automobile total.

The industrial sector was related with 6.3k items bought in comparison with 6.5k for a similar month final 12 months, a drop of virtually 2.5%.

Watch out for Used Imports

It was predicted that this 12 months’s new automobile gross sales could be on a par and even barely down on final 12 months. It’s evident early on that equalling final 12 months’s efficiency goes to be a problem for the Motor Commerce in Eire this 12 months. Attributable to Brexit and present trade charges the surge in Used Automobiles imported from the UK has continued with over 7.5k items being imported in Jan 2017. That’s a rise of over 67% on final 12 months. This results new automobile gross sales as many shoppers will go for a much bigger used automobile or one with a greater spec reasonably than shopping for new. Nonetheless, shoppers must beware as now we have seen a rise in clocked and written off automobiles being imported to Eire in current instances”.

Automotive Gross sales Highlights for Jan 2017:

  • Automotive registrations for Jan 2017 decreased 1.75% with 39,001 items bought
  • Used automobiles imported for Jan 2017 elevated 67.6% with 7,575 items bought
  • The highest promoting producers had been Hyundai, Toyota, Ford, Volkswagen and Nissan
  • The highest promoting fashions had been the Hyundai Tucson, Ford Focus, Ford Fiesta, Nissan Qashqai, and Volkswagen Golf

Gentle Business Gross sales Highlights for Jan 2017:

  • LCV registrations for Jan 2017 decreased 2.46% with 6,394 items bought
  • The highest promoting producers had been Ford, Volkswagen, Renault, Toyota and Peugeot
  • The highest promoting fashions had been the Ford Transit, Volkswagen Caddy, Ford Transit Join, Toyota Landcruiser and Citroen Berlingo.

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