Engine trouble: Waterford car sales crash as number of registrations decline by 96%
New car sales in Waterford fell 41.91% between January and April when compared to the same period last year.
Just 1210 new vehicles were sold this year while 2083 were purchased in 2019.
Nationally, new car registrations for April declined 96.1% (344) when compared to April 2019 (8,904), according to the Society of the Irish Motor Industry (SIMI)
As a result of COVID-19 retailer’s showrooms have remained closed since Mid-March, impacting heavily on sales. Registrations year to date are down 30.7% (50,626) on the same period last year (73,030).
The commercial vehicle sector is also feeling the impact of closures, with Light Commercials vehicles (LCV) down 87.3% (229) compared to April last year (1,799) and year to date are down 25.3% (9,603).
HGV (Heavy Goods Vehicle) registrations are down 67.8% (98) in comparison to April 2019 (304). Year to date HGV’s are down 9.9% (1,070).
Used car imports for April (199) seen a decrease of 97.8% on April 2019 (8,887). While year to date imports are down 50.5% (17,669) on 2019 (35,719).
“Like many other sectors of the economy, COVID-19 is having a devastating impact on the Irish Motor Industry,” Brian Cooke, SIMI Director General commenting on the market figures said.
“SIMI Members have during the course of the lockdown to date, been available to assist in emergency and essential call outs. We continue to play our part in keeping vital goods and services moving.”