New car sales down 21% in February

New car sales are down 21% in February.

New car sales down 21% in February
Wed, 01 Mar, 2017 - 12:19

New car sales are down 21% in February.

Car sales are traditionally seen as an indicator of how the economy is looking, and figures from the Society of the Irish Motor Industry (SIMI) show the new car market for the year so far, has fallen behind by 8.7%.

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<p>In the first eight months of the year, 116,099 new cars were registered, a 3.4% increase, of which 20,656 were electric cars representing a 37% year-on-year increase. File picture</p>

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