Car News recent articles in category Buying a New Car
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Car prices could rise by an average of €1,500
Car prices to rise dramatically It is being reported by motoring industry bosses that car prices will rise by an average of €1,500 next year. Anecdotally, car dealers are already increasing their prices by at least a thousand euro and in some cases, two thousand euro on some models due to the shortage of used cars in the market. Any...
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New car sales increase during August
New Car Sales New car sales were up by 25% to 6,013 registrations during August compared to the same time last year. Hybrid cars sales are also seeing a huge increase, with 15,720 hybrids being sold as well as 6,849 plug-in-hybrids, accounting for 25% of the new car market here in Ireland. Comparing figures from before the lockdowns, there has...
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Car Repossession in Ireland: Here’s Everything You Need to Know
Buying a car on loan can be a luxury, given that it can cost you a significant portion of your paycheck every month. At times, when you have other financial obligations to take into consideration, repaying a car loan can seem like a hassle. However, if you don’t make the payments on time, you run the risk of having your...
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Almost 50,000 new cars were sold in the first month of 2021
New Car Sales January 2021 Amazingly, new car sales were only down 3.2% in the first quarter despite the lockdown with almost 50,000 new cars registered. The top selling manufacturer in the first three months was Toyota with 6,320 new car registrations, ahead of Volkswagen with 5,245. These figures are certainly impressive despite showrooms being closed during the lockdown and...
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Motor Dealerships set to re-open from April 5th
Dealerships to open up again in April As part of the easing of restrictions, car dealerships are looking to re-open from 5th of April as they see themselves as a safe environment. Ordinarily, showrooms have low footfall and plenty of room for ‘social distancing’. When speaking about service garages being open for business throughout the lockdown because of being an...
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Dacia Spring - Europe's cheapest electric car
Dacia has unveiled possibly the cheapest electric car in Europe. The Romanian car brand owned by Renault, the Dacia Spring EV is being marketed as Europe's most affordable battery-electric car. The new Dacia EV was revealed at the Geneva motor show in the virtual space. The manufacturer promises that the electric crossover vehicle will be Europe's most affordable EV. Already...
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UK car production plummeted to its lowest level since 1984
UK car manufacturing has taken a massive hit due to the chaos surrounding Covid-19. Industry chiefs are revealing the scale of the disruption to manufacturing claiming that volumes fell below one million vehicles in 2020. That means that car production fell to its lowest level since 1984 due to factory closures and reduced demand during the lockdowns. ...
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The MyVehicle Nationwide Market Overview report for December 2020
The Nissan Qashqai has reached the top spot as the best selling car sold by Independent dealers in Ireland in December 2020 with the Ford Focus coming in second place and the Hyundai Tucson dropping back to third from first place last month. The diesel Hyundai Tucson is without a doubt the most popular car in Ireland and once...
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Volkswagen’s profits rose in 2019 despite decline in car sales
Vollswagen Group Ireland Sales Rise in 2019 Volkswagen Ireland profits rose last year by 13%, despite wider industry downturn in new car sales. Volkswagen Group Ireland is the country’s biggest car company and saw profits in 2019 of nearly €10.3 million, an increase of 13.2 per cent. Volkswagen Ireland sells passenger cars, light commercial vehicles as well...
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Hard Brexit could cost car manufacturers 110 billion euro
Britain's car manufacturers warn of 110 billion euro bill if a hard Brexit goes ahead. British and European Union car manufacturers called on Monday for an urgent free trade agreement, stating that a “disorderly Brexit” could potentially cost the automotive industry in the UK, €110 billion euro over the next five years due to loss of trade. In...