New vehicle sales up 20pc to 14,000 units

What you need to know:

  • New vehicle unit sales peaked at 19,966 in 2015
  • The sales dropped to 13,869 and 11,044 in 2016 and 2017, respectively.
  • The sales rebound partly reflects renewed business confidence following the conclusion of the 2017 General Election.

Sales of new vehicles in 2018 topped the 14,000 units mark, a growth of more than 20 percent compared to the previous year, reversing a two-year slump that started in 2016.

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