Northern Ireland New Car Sales Plunge
The latest Motor industry data from Northern Ireland shows that the new car market has dropped by 16.8 per cent in March.
The Northern Ireland new car sales decelerated during March with 1,434 fewer new cars being driven off forecourts compared with the same month last year.
The latest figures come from the UK’s Society of Motor Manufacturers and Traders (SMMIT which shows that 7,122 cars were sold in Northern Ireland in March 2018 with 8,556 in March 2017.
The drop in March was in line with the overall decline in car sales across the whole of the UK last month. The SMMIT said:
“economic and political uncertainty and confusion over air quality plans continued to affect confidence, resulting in declines across all sales types”.
The motor industry group added that new car registrations in the UK during March remained at a historically high level hitting a total of 474,069.
The most popular cars sold in Northern Ireland last month were Ford Fiestas followed by Ford Kugas.
The Agnew Group in Northern Ireland, which operates 17 dealerships around Belfast and Portadown, will be hoping its latest £6 million (€6.86 million) investment could boost sales of one prestigious brand in particular even though there has not been any official data on the latest luxury car sales released.
It has officially opened a new Porsche Centre at the Titanic Quarter in Belfast, which features a showroom that is more than double the size of its previous location.
The Agnew Group marked the official opening of its latest 28,000 sq foot showroom, which has the capacity to showcase 15 Porsche cars and 40 pre-owned models, with the first UK and Ireland preview of the new Porsche Cayenne.