The metric of new car sales was always a handy way to look at economic sentiment in the country. The pandemic of course managed to wipe sales out during the lockdown phase.
July was the first full month of post-lockdown trading for car showrooms in Northern Ireland. Just under 4,400 new vehicles were registered in July compared to 3,800 in the same month last year, however, on a year-to-date basis sales are still down by more than 40% compared to last year.
In the UK as a whole sales were up by 11% in July. There’s a long way to go, but it seems like new car sales are motoring back.