New car sales in Cork fall by 7% since last year

New car sales in Cork fall by 7% since last year

Pat Ledwidge, deputy CEO of Cork City Council, Lord Mayor of Cork, Cllr Mick Finn, and Ciarán McMahon, managing director of Ford Motor Company as Ford handed over the keys to the 191-C registered car for use by the Lord Mayor

NEW car sales are down in Cork by more than 7% in a year - one of the biggest drops in the country.

Official statistics released by the Society of the Irish Motor Industry (SIMI) show that the total new car registrations in Ireland for the year 2018 finished, at 125,557, 4.4% down on 2017.

The figures show that just 15,223 cars were registered in Cork in 2018 compared to 16,250 in 2017, a drop of 7.85%.

SIMI Director General Designate, Brian Cooke said: “Despite the strong economic performance of Ireland last year, 2018 proved very challenging for new car sales.

“The drop in new car registrations is largely a result of Brexit and the associated weakness of Sterling.

“This has led to a surge in used car imports over the last two years, and 2018 saw used imports surpass the 100,000 mark for the first time,” he added.

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