Home » Tag Archives: downturn

Tag Archives: downturn

Car sales in Clare are well up on last year.

New car sales in Clare up 35% on last year

FIGURES  just released by the SIMI (Society of the Irish Motor Industry) show that so far this year, new car sales in Clare are up by 35%. Nationally, sales are up 28%. The confidence evident in January has continued into February with a 21% increase in car sales. The light commercial vehicle market, which is a good sign of activity in the SME sector, saw an increase in sales of 41% in February with sales of Heavy Goods Vehicles, often a barometer of activity in the wider Economy, seeing a 68% increase. Alan Nolan, SIMI Director General commented “The Motor Industry is often the first to be affected when there’s a downturn and one of the first to come back when the economy improves. Dealers are undoubtedly seeing a lot more confidence among consumers, many of whom have been putting off making large purchases over the last few years. Feedback from dealers confirms that footfall and sales enquiries are holding …

Read More »