New car registrations for November were down 5.72% when compared with the same month last year, which is in line with industry projections, according to the Society of the Irish Motor Industry.

The total number of registrations for the year to date is 125,415, which is down 4.4% from 131,173 during the same period last year.

Imported Used Cars have shown an increase 1.44% for the month of November 2018 when compared to November 2017.

In the year to date, a total of 95,148 used cars have been imported, up 8.21% on the same time last year.

Alan Nolan, SIMI Director General, said the Industry has experienced a decline in new car registrations in 8 months out of 11 so far this year. Mr Nolan said the month of December "will no doubt see a further fall back in new car registrations". 

"The impact of Brexit and sterling weakness continues to drive used car imports to a level where the volume is impacting on the new car market. This challenging and uncertain trading environment is set to continue into 2019."