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So much for the end of the Motor Industry

Comments

  • #2
    -Chris-
    Closed Accounts Posts: 12,035 ✭✭✭✭-Chris-


    "Band B cars are taxed at roughly €150, while band C cars are closer to €200 per year".

    What kind of shoddy research is that?? Lazy, lazy journalism...


    As for the intent of the piece, I'd feel that this is a peak and will not rescue the year. Numbers will crash after July.


  • #3
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    Dead cat bounce?

    I'd suggest these cars were bought straight (not a great earner for a dealer) and without trade ins.

    Dealers are already awash with used stock.

    The outlook is pretty bleak. Credit is tight, and people have simply stopped spending.


  • #4
    smash
    Closed Accounts Posts: 34,809 ✭✭✭✭smash


    1000 a day, spread over about 1500-1750 dealers nationwide.... I wouldn't say the Motor Industry was doing well based on that!


  • #5
    Riskymove
    Registered Users, Registered Users 2 Posts: 10,900 ✭✭✭✭Riskymove


    steve06 wrote: »
    1000 a day, spread over about 1500-1750 dealers nationwide.... I wouldn't say the Motor Industry was doing well based on that!

    !!:eek:

    How many new cars do you think they sell??

    I would have thought that 1,000 (twice as many as last July apparantly) was quite good

    it would equate to 365,000 new cars a year!


  • #6
    Riskymove
    Registered Users, Registered Users 2 Posts: 10,900 ✭✭✭✭Riskymove


    AudiChris wrote: »
    What kind of shoddy research is that?? Lazy, lazy journalism...

    Its what we have become used to unfortunately....at least the term "gas-guzzler" does not appear


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  • #7
    smash
    Closed Accounts Posts: 34,809 ✭✭✭✭smash


    btw lads, I bet this areticle is basted on new registrations, not car sales and I know dealers have been registering cars all year so they can keep their franchises... they're not actually selling them though!

    And i ran a few reg searches on cartell and 08D57600 was as high as i got so at least 57600 cars have been registered in Dublin this year. Now that's in 190 days so say 303 a day in one county alone...

    Now the article says "This meant sales in the past seven days outstripped the average daily sales for the year by over 300 cars and has seen the industry claw back lost ground on comparative figures for last year"

    This article is complete trash!


  • #8
    RedorDead
    Registered Users, Registered Users 2 Posts: 1,596 ✭✭✭RedorDead


    Usually the CSO licensing figures are a better overall barometer of how many cars end up leaving the dealers forecourts.

    http://www.finfacts.ie/irishfinancenews/article_1014017.shtml


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