| 26.5°C Dublin

Car sales up 50pc with 14,000 sold in July

First house prices began to climb dramatically in Dublin and now it's the turn of car sales to make a comeback.

The number of new private cars licensed for the first time increased by nearly 51pc to 14,037 in July this year, compared to the same month last year.

According to the Central Statistics Office (CSO), the highest number of new private cars licensed in July, classified by make, was Ford (1,596), closely followed by Volkswagen (1,590), Toyota (1,572) and Hyundai (1,465).

Damien Smyth, a director with the Ashley Motor Group, who is based in the Ford Airside branch in Swords said: "It's been the best July for a long time, since 2008, and that is in new and used cars."


He said that attractive finance deals are bringing in the customers. "People are more confident. Things are starting to turn and people can see it."

He pointed out that some people who held on to their cars for years are now changing them, rather than putting them through a workshop and paying €1,500 to get them fixed.

"The motor industry could collect €1bn in tax in the next two years, as long as the Government doesn't introduce any negative measures in the budget," he added.

Meanwhile, the number of new goods vehicles licensed in July was 1,579, up 65pc from the same month last year, according to the CSO.