Monday 26 February 2018

Toyota most popular brand as car sales increase 6.5pc in January reporters

CAR sales increased 6.5pc in January compared with the same period last year, new figures show.

Toyota was the top selling brand with 2,612 new cars licensed, followed by Ford (2,006), Volkswagen (1,640) and Nissan (930).

The Central Statistics Office said 14,507 new cars were registered in the month, up from 13,624 a year earlier.

While the figures from January were strong, industry body SIMI warned last week that it was cautious about the year as a whole.

January is an important indicator for the sector as half of all new cars are purchased in the first three months of the year.

Just under 24pc of January's new cars ran on petrol while the rest were diesel.

The number of new goods vehicles licensed in January was up 11.7pc from a year earlier to 1,082.

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