Motor Industry Review – Q4 2014

Today was the launch of the final SIMI & DoneDeal Quarterly Motor Industry Review, revealing the full year results for 2014 and the outlook for 2015: Key Points from the Q4 Motor Industry Review: • 96,344 new car sales in 2014, up 29.6% on 2013 • €965 million Exchequer contribution in 2014 from car sales • Employment up 10.1% with 3,800 new jobs created • Petrol prices down 7.5%, Diesel prices down 9.6%, Insurance Costs up 11.6% • January 2015 sales at 29,948 cars, up 31% on January 2014 • 2015 forecast of 120,000 sales, 2,600 new jobs created • “VW Golf” most searched used car, “2008” most searched used car year New Car Sales • New car sales in January up 31% on last year • 29,948 cars were sold in January v 22,893 in 2013 • LCV sales in January up 71% (4,839) on last year • HGV sales in January down 37% (175) on last year • Top 5 selling car brands were Toyota, Volkswagen, Ford, Hyundai, Nissan • Top 5 selling models were the Volkswagen Golf, Ford Focus, Toyota Corolla, Ford Fiesta, Hyundai IX35 • Top selling van was the Ford Transit Van #Motor #MotorIndustryReview