Louth automobile gross sales slowed up within the second half of 2022, however carried out higher than the nationwide common, in accordance with the newest figures from the Society for Irish Motor Business (SIMI).
right here had been 2,064 new automobile ‘22-02’ registrations reported by the tip of July in Louth, a marginal enhance of two.74%, in comparison with 2,009 throughout the identical month final yr.
Nationally, the brand new automobile market is down 4% yr on yr, an element which has been partially attributed to a scarcity of provide.
Commenting on the brand new automobile registrations Brian Cooke, Director Basic SIMI stated:
“Disappointingly July new automobile registrations, our second highest gross sales’ interval, are down 17.3% on July 2021. This implies the brand new automobile market is now 4% behind yr so far and 17% behind pre-COVID 2019.”
He added that the electrical automobile section “continues to develop, each in quantum and as a proportion of the brand new automobile market, with an 80% yr on yr development and a market share of 13%.”
The SIMI Director Basic stated that whereas it seems that there’s urge for food amongst customers for each new and used automobiles, provide points are hampering total exercise.
“The impression of that is one other yr of under par efficiency within the Irish new automobile market, which leads to the Irish automobile fleet persevering with to become older. The underlying new automobile market must develop considerably over the subsequent few years if we’re to optimise transport emission reductions. Authorities insurance policies should comprise the fitting measures, to assist and encourage the change to decrease and 0 emitting automobiles.
Lowering EV helps or rising taxation will solely act as a barrier to vary and add to the price of dwelling. On this context, SIMI is asking the Authorities to proceed its assist for the EV venture by extending EV helps at present ranges out to 2025 and to withstand any VRT will increase in Funds 2023 which can solely show counterproductive and forestall us coping with the legacy fleet in an efficient method that helps a simply transition.”
