21% fall in new car sales for February - SIMI
Commercial:New car sales fell by 21% last month when compared with February 2016, according to new figures from the Society of the Irish Motor Industry (SIMI).
There were 17,128 new car registrations during the month, down from 21,573 for the same period a year ago.
New Car Sales Down 21 Percent in February | Industry & Business
I did not hear much mention of this in the various Media, on TV / Radio news etc??The commercial sector is down almost 27.5% in February with 2.5k new registrations compared to 3.4k in 2016.
The RTE site says something I dont get .. One day can make THAT difference??
Anyway .. whats going on here, these figures seem significant? Even a 5 or 10% drop would be seen as something to talk of BUT no discussion much anywhere on percentages like 21% fall in car sales .. 27.5% fall in commercials sales??However, industry bodies have cited an extra trading day in February 2016 due to it being a leap year as a reason for such a pronounced fall in sales.
This ties in for me where ( from biz owner to biz owner chat ) many small to medium businesses around the country ( outside Dublin in the main ) have felt a big drop in business this January / February in comparison to last few previous years. When asked most cannot explain it.
I am not saying that this is a sign of doom, its just that it is peculiar. Maybe its Brexit fears, US Trump uncertainty ..
Lets hope this is a temporary business blip / anomaly