March 2018 Registrations – Update

 

Official statistics released today by the Society of the Irish Motor Industry (SIMI) show that the total new car registrations for the month of March were down 10.5% (17,796) when compared to March 2017 (19,890), while new cars registrations year to date remain 5.5% (71,842) down on the same period last year (75,982).

New Light Commercial Vehicle registrations (LCV) were up 2% (3,147) on March 2017 (3,084) and year to date are up 5.4% (12,537). While New Heavy Commercial Vehicles (HGV) have declined 11.2% for the month of March (271) compared to the same month last year (305) and are down 11.2% (916) year to date.

Imported Used Cars have shown a slight decrease of 4.6% for March 2018 (8,154) when compared to March 2017 (8,545) however year to date they are 9.5% (26,116) ahead of 2017 (23,862)

Commenting on the figures SIMI Director General, Alan Nolan stated “March has been a challenging trading month for our Industry with snow days and two public holidays leading to shorter trading weeks, but we also had the Hire-drive deliveries at similar levels to last year to bolster registrations. Brexit however remains the dominant issue with Used Car Imports up 9.5% for the First Quarter while New Car Registrations are down by 5.5% over the same period. For the month of March New Car Registrations (-10.5%) and Used Car Imports (-4.6%) are both down, although it should be noted that the number of business days were reduced this year due to the Storm Emma and the Easter Holiday period, which was in April last year. Overall registrations for the First Quarter remain in line with projections based on the continuing impact of Brexit and the increasing volume of imported used cars. The light commercial vehicle sector by contrast has seen a continued increase reflecting the strong economic growth for businesses at present.

Continuing the trend highlighted in January the Diesel market share has reduced from 67% last year to 56% in 2018. This will have implications for our CO2 Targets, as the Average CO2 emissions from a New Car (113.2 Gms/Km) in Q1 this year has increased by 1.5 Gms/Km (from 111.7 Gms/Km in Q1 2017). This would produce a calculated increase of around 2,000 Tons in Annual CO2 for the new cars registered so far this year. The Increasing volume of imported used cars in Q1 had average CO2 emissions of 121.1 Gms/Km.”

Stats in short:
• New car sales year to date (2018) 71,842 v (2017) 75,982 -5.5%

  • New car sales total March (2018) 17,796 v (2017) 19,890 -10.5%
  • Light Commercial Vehicles sales year to date (2018) 12,537 v (2017) 11,900 +5.4%
  • Light Commercial Vehicles sales total March (2018) 3,147 v (2017) 3,084 +2%
  • Heavy Goods Vehicle total sales year to date (2018) 916 v(2017) 1,031 -11.2%
  • Heavy Goods Vehicle sales total March (2018) 271 v (2017) 305 -11.2%
  • Used Car Imports year to date (2018) 26,116 v (2017) 23,862 +9.5%
  • Used Car Imports total March (2018) 8,154 v (2017) 8,545 -4.6%
  • 5 Top Selling Car Brands Year to Date were: 
1. Volkswagen 2. Toyota 3.Hyundai 4. Ford 5. Nissan
  • 5 Top car model’s year to date were:
1. Nissan Qashqai 2. Hyundai Tucson 3. Volkswagen Golf 4. Ford Focus 5. Skoda Octavia
  • Top Selling Car March: Nissan Qashqai
  • Table below shows new car registrations by county year to date (January-March 2018)
Car Registrations by County January-March 2018
County 2018 Units 2017 Units % Change 2018 % Share 2017 % Share
Carlow 947 954 -0.73 1.32 1.26
Cavan 778 946 -17.76 1.08 1.25
Clare 1635 1737 -5.87 2.28 2.29
Cork 9070 9903 -8.41 12.62 13.03
Donegal 1529 1698 -9.95 2.13 2.23
Dublin 28123 29609 -5.02 39.15 38.97
Galway 2786 2965 -6.04 3.88 3.9
Kerry 1609 1724 -6.67 2.24 2.27
Kildare 3129 3144 -0.48 4.36 4.14
Kilkenny 1441 1491 -3.35 2.01 1.96
Laois 887 948 -6.43 1.23 1.25
Leitrim 295 351 -15.95 0.41 0.46
Limerick 2644 2757 -4.1 3.68 3.63
Longford 364 405 -10.12 0.51 0.53
Louth 1651 1654 -0.18 2.3 2.18
Mayo 1293 1445 -10.52 1.8 1.9
Meath 2230 2341 -4.74 3.1 3.08
Monaghan 587 627 -6.38 0.82 0.83
Offaly 937 957 -2.09 1.3 1.26
Roscommon 656 792 -17.17 0.91 1.04
Sligo 671 714 -6.02 0.93 0.94
Tipperary 2092 2173 -3.73 2.91 2.86
Waterford 1974 2014 -1.99 2.75 2.65
Westmeath 1014 1151 -11.9 1.41 1.51
Wexford 1892 1802 4.99 2.63 2.37
Wicklow 1608 1680 -4.29 2.24 2.21