Industry & Business

New cars licenses down 20% in February compared to previous month

 Breaking News
  • Belfast SME’s Creating 55 Jobs in a £4 Million Investment Invest Northern Ireland has offered eight companies in Belfast support to collectively create 55 jobs. The companies, from a range of sectors including software, construction, cybersecurity and consumer products are investing over £4million in the local economy. Welcoming the investments, Moira Loughran, Invest NI’s Eastern Regional Manager, said: “The investments by these ambitious Northern Ireland companies [...]...
  • EU Reaches Agreement on First Key Measures of Banking Reform The European Parliament, the Council and the Commission have agreed on elements of the review of the Bank Recovery and Resolution Directive (BRRD) and of the Capital Requirements Regulation (CRR) and Directive (CRD) proposed in November 2016, an important piece of the Commission’s ongoing work to reduce risk in the banking sector and in line with [...]...
  • Theravance Biopharma Opens New Corporate Office in Dublin Theravance Biopharma, a diversified biopharmaceutical company specialising in the creation of medicines for patients suffering from serious illness, has opened a new corporate office in Dublin. The company plans to expand its Dublin employee base by hiring 30 highly-skilled professionals over the next two years in areas such as clinical development, finance, and technical operations. An [...]...
  • Ireland’s Leading Food and Drink Companies to be Recognised at Bord Bia’s Industry Awards More than 350 Irish food and drink industry leaders will gather for Bord Bia’s biennial Food and Drink awards, hosted by Broadcaster Miriam O’Callaghan, on Wednesday 29th November in the RDS Concert Hall. Bord Bia has announced the details of 24 companies who have been shortlisted for these awards which recognise excellence and celebrate success in Ireland’s [...]...
  • Report Shows Ongoing Consolidation in European Banking Sector The number of credit institutions in the euro area banking sector declined by 25% between 2008 and 2016, according to the ECB’s 2017 Report on financial structures (RFS). On an unconsolidated basis, the number of credit institutions at the end of 2016 was 5,073, having fallen from 5,474 at the end of 2015. On a [...]...

New cars licenses down 20% in February compared to previous month

New cars licenses down 20% in February compared to previous month
March 08
12:31 2017

According to the Central Statistics Office (CSO), the number of new cars licensed in Ireland in February fell by 20.2% compared to the same month a year earlier. A total of 16,905 new cars were licensed for the first time in February versus 21,173 for February 2016. In addition, 7,723 used cars were licensed in February, up 52.1% compared to the same month last year.

During the first two months of 2017, 43,573 new private cars were licensed, down 9.7% versus the same period in 2016. The number of used private cars licensed increased by 62.7 % versus the corresponding two-months in 2016.

Of the new cars licensed in January and February, 65% were diesel, while 96.4% were in the A/B Co2 emission bands. Toyota was the most popular make of new car licensed last month, followed by Hyundai, Ford, Volkswagen and Skoda.

The latest figures show there was an 18.3% decline in the number of new goods vehicles licensed in February compared to the same month a year earlier.

CSO data differs from that issued by the Society of the Irish Motor Industry (SIMI). The CSO measures the number of cars taxed for the first time while the SIMI figures are based on new registrations issued by the Vehicle Registration Office.

About Author

editor

editor

Related Articles






New Subscriber





Subscribe Here



Advertisements
































National Manufacturing Conference & Exhibition 2016

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4