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48.5% rise in number of new cars licensed in March

There has been a sharp rise in the number of cars sold in Ireland - following strong growth in 2014
There has been a sharp rise in the number of cars sold in Ireland - following strong growth in 2014

More than 17,000 new private cars were licensed for the first time in March, according to the Central Statistics Office, an increase of 48.5% year-on-year.

It brought to 52,543 the total number of new car licensed in the first three months of the year, up 33.5% on the same quarter of 2014.

The number of used cars being imported was down, however, with 4,492 licensed in March – a 7.7% fall on the same month of last year. The number imported in the quarter were 1.9% lower year-on-year.

Volkswagen cars were the most popular in March, according to the CSO, representing 12% of all new private vehicles licensed. This is down slightly on its share for March 2014.

Hyundai and Nissan each had a 10.8% share last month – which is a 2.2% gain for Hyundai and unchanged for Nissan.

Toyota made up 8.8% of all newly licensed cars during the month, up 0.4%, while Ford fell 2.1% to 8.2%.