Actions have consequences. The Irish car market is unwell.
It’s about three years since I wrote one of these analyses. Back in 2017, when I last did so, the side-effects of Britain’s referendum decision had yet to filter through in any meaningful way. However, some three years later the effects are plain to see. Because despite being outwardly one of the better performing EU member-states of late, the Republic of Ireland’s economy has been hobbled, without Britain having left the EU at all.
Amongst the sectors adversely affected, the car market is amongst the most apparent. Having been on a steady post-crisis growth curve up to 2016, with deliveries that year of 146,672, car sales have bucked more favourable economic trends, aligning closer with Sterling’s value against the Euro – a state of affairs resulting in a significant fall in new car sales with all the resultant knock-on effects that brings. Continue reading “Drowning By Numbers”
Reading the tea leaves from Ireland’s 2016 car sales figures.
As some of you might have gathered by now, I find motor statistics quite absorbing. Okay, it’s often a little like tea leaf prophecy, but car sales figures can be revealing. However, since full-year European data is still pending, we’ll have to contain ourselves and make do with the Society of the Irish Motor Industry who’ve released statistics for January-December 2016. The Republic of Ireland market is small, but even so, 146, 672 new car sales is not to be sneezed at, especially as it shows a rise of 17.5% over that of the previous year. Continue reading “And Here Are the Results of the Irish Jury.”
Ireland’s relationship with Volkswagen is long-standing and robust, but can it weather the emissions storm? Early signs suggest it can.
The relationship between Ireland and Volkswagen dates back to 1950, when local motor industry pioneer, Stephen O’ Flaherty, inaugurated assembly at the Shelbourne Road facility in Dublin, making it the first plant outside Germany to build the Beetle. The very first car assembled at Ballsbridge, an oval-screen Beetle registered ZL 2286 was subsequently acquired by VW and remains on permanent display today in Wolfsburg. Continue reading “More Hot Eire? Irish VW Sales Hold Firm”