New Car Sales Strong In July But Down On Same Month In 2016

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THERE were 568 new cars sold in Kerry in July according to the latest figures from the the Society of the Irish Motor Industry (SIMI) issued today.

This was down -12.75% on July 2016’s figure of 651. So far in Kerry this year, new car sales are down -12.98%, with 2,561 sold this year compared to 2,943 in 2016.

Nationally, new car registrations in July were down -7.14% (27,748) on last year, while so far this year they are down -9.36% (118,925).

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During the first six months of the year, new car sales declined in every county, with Donegal experiencing the largest decline at 18.6%, while Cavan had the smallest decline of 4.4%. New car sales in Dublin accounted for 40.6% of the total new car market.

The SIMI/DoneDeal quarterly report highlighted that a combination of factors, including rising housing, rental and health insurance costs and uncertainty surrounding Brexit, were affecting disposable income spending and making consumers cautious about purchasing big-ticket items such as new cars.

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