Friday 9 December 2016

Impact of dual registration clear as car sales jump 51pc

Published 12/08/2015 | 02:30

A total of 21,290 cars, compared with 14,037, were registered last month, an increase of more than 50pc
A total of 21,290 cars, compared with 14,037, were registered last month, an increase of more than 50pc

New car sales rose by 51pc last month, with more than 21,000 vehicles licensed for the first time.

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Figures from the Central Statistics Office (CSO) show the recovery of the motor industry continues, with the number of new cars sold in July outperforming January sales for the first time.

This comes after a dual registration system was introduced in 2013, designed to evenly spread car purchases across the year.

The system splits the year into two halves, with cars registered in the first six months of the year having '151' on the registration plate, which changes to '152' for the second half of the year. The CSO said there had been a 51.7pc increase in the number of new private cars licensed in July compared with the same month last year.

Recovery

A total of 21,290 cars, compared with 14,037, were registered last month, an increase of more than 50pc.

Another 2,429 new goods vehicles were also licensed, up 53.8pc.

The CSO added that, year-on-year, there had been a steady increase in new car sales.

Some 76,317 new cars were registered in the first half of 2014, which rose by 31pc to 99,950 for the corresponding period of 2015.

The figures show that the recovery is being driven by sales of new vehicles, with an 11.6pc drop in the number of used, imported cars registered.

A total of 4,075 imported cars were licensed for the first time in July. The most popular brand was Hyundai, with 2,554 sold, or more than one in 10 of all new cars licensed.

It is followed by Toyota (2,274), Volkswagen (2,237), Nissan (2,111) and Ford (2,110).

These five brands make up just over half (53pc) of all new private cars licensed.

The figures also show that 70pc of all new cars licensed were diesel, and that more than 95pc are in the least-polluting motor tax bands of 'A' and 'B'.

Irish Independent

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