fbpx

New Vehicle Market up 23%

vehuicle-recall-information-ireland

PRESS RELEASE

USED MARKET UP 5%

Vehicle History and Data expert Cartell.ie report today (26th February) the market for both new and used vehicles is up in 2016 – the increase is significant in the case of new vehicle sales.

Total transactions for new vehicles stand at 64,718 in the year up to February 25. This compares to a figure of 52,065 for the equivalent stage last year which represents a market increase of 23%.

In the case of the used vehicle market transactions are also increased on last year’s volumes. The 2016 year-to-date figure for all transactions (all vehicles including imports) stands at 190,766. This compares to 181,520 for the equivalent stage in 2015 – a year which recorded a record number of transactions. The 2016 figure represents an increase of 5% over last year.

John Byrne, Cartell.ie says: “The new vehicle market shows clear signs of the anticipated upward growth over last year. January saw big upward movement as pre-orders from last year filtered through. Now we are seeing growth consolidated in February with a 23% year-over-year increase.”

Dealer New Cars Stock. Colorful Brand New Compact Vehicles For Sale Awaiting on the Dealer Parking Lot. Car Market Business Concept.

END

About Cartell.ie

Cartell.ie was set up in 2006 to help buyers make an informed choice when buying a used vehicle – including imported vehicles – by providing a user-friendly and cost-effective vehicle data checking service. Cartell.ie is a totally independent company and fully Irish owned.

For further information please contact John Byrne on 087 4199018 or at john at cartell.ie or check out www.cartell.ie  for further information.