New car sales tumble 63% as coronavirus crisis hits motor trade
Registrations this year have so far fallen 20.5%, with used imports also down
Toyota remains the best-selling car brand in the Republic. Photograph: iStock
New car sales tumbled 63 per cent in March compared to the same month last year as the spread of Covid-19 prompted the motor industry to close showrooms and cease other activities.
Some 6,174 new cars were sold in March, compared to 16,687 in the same month in 2019, with registrations so far this year down 20.5 per cent, according to data from the Society of the Irish Motor Industry (Simi).
Used car imports for the month were also down, falling 48 per cent to 4,656. So far this year there have been almost 35 per cent fewer used cars imported to the State.
“The motor industry and its employees, like so many industries, is feeling the devastating impact of Covid-19,” said Simi director general Brian Cooke.
“Even before the crisis commenced the new car market was in decline, and this fall has accelerated rapidly in the last fortnight, with new car activity down nearly two-thirds on last year. Whatever the duration of this crisis, once we emerge we will need to see decisive and ambitious action from Government to protect the nearly 50,000 jobs in our sector.”
Diesel sales continued to decline, falling 27 per cent on last year with 22,375 sales. However, the category still accounted for the largest share of the new car market, with 43.8 per cent.
Some 19,600 petrol vehicles were sold, down by more than a quarter on last year.
The most growth came in the plug-in electric hybrid, up 67 per cent to 1,032, while regular hybrids were up 25.8 per cent to 6,206.
Sales of fully electric cars rose 16 per cent to 1,667, giving the segment a market share of 3.27 per cent.
Toyota remains the best-selling car brand in the Republic, with 6,230 registrations, representing a 12.2 per cent market share. It was followed last month by Volkswagen on 5,727, Hyundai with 5,118, and Skoda with 4, 390. Ford overtook Nissan for fifth place.
Significant growth was seen among some of the premium brands, albeit from a considerably lower base than the mass market manufacturers. Tesla’s sales so far this year have risen to 358 compared to 22 in 2019, while Porsche has seen growth of 243 per cent, although that represents a total of 55 vehicles registered this year.
Meanwhile, the best-selling model remains the Toyota Corolla, with 2,424 registrations, ahead of the Hyundai Tucson with 1,976, and the Volkswagen Tiguan with 1,667.
In terms of colours, close to 20,000 Irish buyers favoured grey. Some 8,995 opted for a black vehicle, while 7,821 chose white.
In the commercial sector, light commercial vehicle sales fell almost 53 per cent at 1,434 compared to March last year, with total sales so far this year at 9,378, a 15.2 per cent fall on 2019.
Heavy goods vehicles sales have risen 12.6 per cent to 993 so far this year.