Figures released today from SIMI (Society of the Irish Motor Industry) show that new car sales continue to show signs of growth, with the month of November registering a 12% (782) increase compared with this month last year (701).
Total new car sales 95,989 show an increase of 30% on 2013 (73,454).
The Commercial Vehicle market has seen significant growth with light commercial/van sales up 57% for the month of November (602) compared with November last year (384).
Sales in this sector are up 51% (16,501) for 2014 overall in comparison to 2013 (10,939).
HGV (Heavy Goods Vehicle) while registrations are down for the month of November, continue to remain ahead at 20% year to date.
Alan Nolan, Director General SIMI commenting on these figures; "The outlook for 2015 remains one of emerging recovery in the Sector as increased sales from the Industry will continue to make a significant contribution to employment figures and increase finance for the Exchequer".
"The Industry continues to be optimistic for the coming year, as our members report strong consumer interest in 151 orders, this was highlighted in particular at a number of local motor events recently held around the country.
We are confident that this consumer sentiment, will be reflected in registrations for 2015 particularly in light of the strong offers from all manufacturers available to New Year purchases."
To underline the value available to consumers, the most recent report from the Consumer Price Index confirmed that there was a "reduction in the price of motor cars" along with "lower petrol and diesel prices"*.