Thursday, October 7, 2010

New Car Sales continue at pace

Figures from the Society of the Irish Motor Industry (SIMI) show than new car sales continue to outpace 2009 levels.  In September, over 4,300 new car were sold, up about 93% on the 2,200 sold in September of last year.  This follows an annual increase in August of 110% (5,000 versus 2,400)

Car Sales to August

When the July figures were released we wondered if the growth on the 2009 levels would continue in the normally quieter second half of the year.  In the last six months of 2009 just over 10,800 new cars were sold.  In 2010, the period July to September alone saw sales of over 15,700.  Figures for 2010 are already 45% on the second half of last year and there are still three months of this period to go.  It is likely we will see a growing divergence between the red and green lines above.

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