SIMI: New car registrations down 60% for the year

The Society of the Irish Motor Industry (SIMI) have revealed that figures for new cars registered in November 2009 are down 19.3% to 520 on the same month last year (644).

The year-to-date figure, at 57,151 is down 60.8% on the figure to the end of November 2008 (151,426).

Alan Nolan, director general of SIMI said: "Although the month to date sales figure at 19% down on last year may appear less than previously quoted figures, the reality is that November last year was already down by 54% on the previous year’s new car sales.

In November ’08, the downward spiral of new car sales had already well and truly taken hold and November 2009 is down further on that level."

Imported used car registrations for October, at 2,950, were down 24.5% on the November 2008 figure of 3,908, and for the year to date (Jan to November) at 48,596, imported used cars are 20.1% down on the same period last year (60,834).

Light commercial vehicle registrations for November 2009 (307) are down 38.1% on the same period last year (496), the year-to-date figure at 9,102 is 69.5% down on the first eleven months of last year (29,864).

Heavy Vehicle registrations are down 41.18% (40) compared to November 2008 (68) while they are down 69.5% (1,066) for the year-to-date compared to the same period in 2008 (3,495).

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