New car sales in Northern Ireland fell sharply last month, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT).
It said the number of new cars registered in the province in July fell 15% to 2,759, further indication that inflationary pressures are denting the appetite for so-called “big ticket” items such as new cars.
The fall was replicated in both England and Scotland last month, although Scotland managed to hold relatively strong with registrations falling by only 0.3%. And while the drop for July is marked, Northern Ireland’s year-to-date registrations of 23,898 is just 0.82% down in the same period last year.
