New car registrations were down -6% in May this year (6,532) compared to 2015 (6,919). However, the total car sales for the year to date are up 23% (99,740) compared to the same period last year (80,889). Registrations have reached almost 100,000 in the first 5 months of this year which is the highest recorded sales for this time frame in the past 7 years.
Light Commercial Vehicle sales were up 8% (1,839) compared to 2015 (1,705), and are up 27% for the year to date. Heavy Goods Vehicle sales were up 38% (307) compared to May last year (222), and are up 53% for the year to date.
For the month of May, the Volkswagen Golf sold more than the Hyundai Tucson, moving to the the top selling car for the month. However, for the year to date the Hyundai Tucson still holds the number one spot.
Commenting on the figures SIMI Director General Alan Nolan said “After three years of sustained growth year on year, the Industry took a pause for breath in May this year. The new shape of seasonality in the Industry is settling-in with the sector now beginning to turn its focus on the 162 period for new car sales. Since the introduction of the dual registration plate system, the percentage of new car registrations occurring in the second half of the year has been increasing year on year from 14% in 2011 to 34% last year. This new shape to the year does give dealers a better opportunity to focus on used car sales at this stage in the year to help clear the decks in anticipation of the next key sales period for new cars.”
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