June Registrations down 14%

The Commercial vehicle sector has also seen a decrease with Light Commercial Vehicles (LCV) registrations down -21% (687) on June 2016 (866) and year to date are down -14% (15,784). While Heavy Commercial Vehicles (HGV) are showing a decline of -18% for the month of June (88) compared to the same month last year (108) and are down -11% (1,590) year to date. Commenting on the figures SIMI Director General, Alan Nolan said: ”As we had anticipated, the first half of the year has seen a decline in registrations in all sectors. As the Industry’s now turns it focus to the 172 registration period which commenced on the 1st of July, we would anticipate that sales in the second half of the year should keep us on track to reach the 132,000 total that was forecast”. #SIMI #Motors #MotorIndustryReview #AlanNolan #Motor