New HGV registrations for the first seven months of the year are down more than 11 per cent, figures released by the Society of Irish Motor Industry (SIMI) confirm.

Heavy Goods Vehicle (HGV) registrations are down 18.8 per cent (380) compared to July 2024 (468). Year to date, HGVs are down 11.3% (2,028).

Meanwhile, Light Commercial Vehicles (LCVs) increased by 22.8 per cent (6,133) compared to July last year (4,995). Year to date LCVs are down 0.9 per cent (24,945).

Brian Cooke, SIMI Director General, commented:  “Light Commercial Vehicle sales, which had been disappointing during Q1, have bounced back since then, with the July LCV market up 23% on last year, and are now less than 1% behind 2024 year to date.”

He continued: “Heavy Goods Vehicle (HGV) registrations are down 19% in July and down 11% year to date. The mixed results and market fluctuations in the commercial sector reflect the current economic and political uncertainty.”