162 car sales continue to remain sluggish in Louth with just 25 sold in October

162 car sales continue to remain sluggish in Louth with just 25 sold in October

There were just 25 new cars sold in Co Louth in October, continuing the trend of second half of the year car sales falling in the Wee County.

The figure for the month was down 57.63% on the 59 cars sold in the county in October 2015. That represented the largest percentage decline of any county nationwide.

The figures from SIMI are reflective of a trend that has emerged since the 162 registrations came into play at the start of July.

There was an impressive start in July when the 597 vehicles sold was up 5.29% on the 567 sold in July of last year. However, sales for August remained unchanged at 152 before a fall of 36.27% in September when there were just 65 cars sold compared to 102 12 months earlier.

As things stand sales of 162 cars (839) remain 4.7% behind the level for 152 car sales (880) at the same point of last year.

There were 2,298 new cars sold in the county in the first half of the year, an increase of 22.8% on the same six month period of 2015.

The latest figures mean there have been 3,137 cars sold in Louth in the first 10 months of the year, which has already surpassed the total number of cars sold in the county in the whole of 2015 (2,779) by 13%.

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