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February 2019 New Car Sales Review - Part 1

March 26th 2019 by Rene | Car Sales Data

The slow start to the year continued as new car sales once again dived. With concerns around the state of the economy, record low interest rates haven’t been enough to incentivise buyers to get out there and snap up a bargain. Total new car sales Year on year, new car sales during February were lower by 9.3% to 87,102 units. Not only does this extend the number of consecutive months in which car sales have de...

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January 2019 New Car Sales Review - Part 1

February 12th 2019 by Rene | Car Sales Data

After 2018 ended on a dour note, dealers were hoping for things to turn around in January. In what is traditionally one of the best months for year-on-year growth in vehicle sales - since run-out models from the year prior are usually sold at steep discounts - the results have heightened concerns about an economic slowdown. Total new car sales New cars sold in January totalled 81,994 units, down 7.4% on the same mo...

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2018 New Car Sales Review - Part 1

January 22nd 2019 by Rene | Car Sales Data

In a year underlined by several highly publicised events in the automotive and financial services industries, new car sales took a step back during 2018. Whether the decline represents a peak in industry sales - or rather, a mere breather in what has been a strong run of growth across successive years - 2019 is set to be an eventful year as dealers slash new car prices. Total new car sales Following a record sales...

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