Official statistics released by the Society of the Irish Motor Industry (SIMI) show that the total new car registrations for the month of November were down 5.72% (643) when compared to November 2017 (682).
Registrations year to date are down 4.4% (125,415) on the same period last year (131,173).
New Light Commercial Vehicle registrations (LCV) have slightly decreased to 1.55% (572) on November 2017 (581) but are up 5.7% (25,340) year to date.
While New Heavy Commercial Vehicles (HGV) have also seen a decrease of 38% for the month of November (80) when compared to the same month last year (129) and are up 2.5% (2,538) year to date.
Imported Used Cars have shown an increase 1.44% for the month of November 2018 (8,732) when compared to November 2017 (8,608) while year to date are 8.21% (95,148) ahead of 2017 (87,928).
Commenting on the figures Alan Nolan SIMI Director General said:
“As we approach the end of 2018 new vehicle registrations are in line with Industry projections.
"Our Industry has experienced a decline in new car registrations 8 months out of 11 so far in 2018 and the month of December will no doubt see a further fall back in new car registrations.
The impact of Brexit and sterling weakness continues to drive used car imports to a level where the volume is impacting on the new car market.
"This challenging and uncertain trading environment is set to continue into 2019."