Industry & Business

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

 Breaking News
  • Arkphire Secures New Investment IT solutions and networking company, Arkphire, has announced that Bregal Milestone, a private capital firm, has completed an investment into the business. The investment by Bregal Milestone comes from their new €400 million pan-European fund dedicated to investing in high-growth European companies. Typical commitments from Bregal Milestone range from €20 million to €60 million. Arkphire provides [...]...
  • Government Investment in Research & Development Amounts to Over €750 Million in 2018 The latest figures on Government investment in research and development (R&D), published by the Department of Business, Enterprise and Innovation, show that over €750 million is estimated to have been invested in R&D in 2018. The data in The Research and Development Budget 2017-2018 publication is compiled from a comprehensive survey of thirty Government Departments [...]...
  • Smart Dublin in Partnership With Enterprise Ireland Award 21 New Innovation Contracts Approximately €700,000 is to be awarded to companies under Enterprise Ireland’s Small Business Innovation Research (SBIR) initiative which will enable them explore innovative solutions to address challenges faced by Local Authorities. 21 companies have been awarded Phase One funding to progress the feasibility of their solutions. Phase One funding will allow each recipient to carry [...]...
  • Tourism Industry Barometer Reflects Buoyant Year But Hints at Brexit Concerns Tourism performance throughout 2018 continues to be on a strong footing, according to the latest Fáilte Ireland Tourism Barometer. The survey of more than 500 tourism businesses around the country shows over half of the tourism industry is reporting their business to be up, with two thirds (64%) saying that tourism agency supports have been [...]...
  • Glanbia to Acquire SlimFast For $350 Million Glanbia, the global nutrition group, has agreed to acquire SlimFast and other brands for $350 million from the owners KSF Holdings LLP and HNS Intermediate Corporation. SlimFast is a leading weight management and health & wellness brand family distributed primarily in the food, drug, mass and club (FDMC) channel in the US and UK. It [...]...

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



Related Articles

New Subscriber

Subscribe Here


National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories

Upcoming Events

  • No upcoming events
AEC v1.0.4