Dealer numbers lowest since 2013
The number of dealers on the Motor Vehicle Traders Register (MVTR) fell by 23 last month, with the total at the end of December standing at 2,810.
The figure is the lowest since May 2013, when it stood at 2,815, and was the third consecutive month numbers have dropped after reaching 2,880 in September last year.
It also meant the latest total is 99 lower than the 2,909 registered traders at the end of December 2023.
Dealer numbers have largely been in decline since hitting a high of 3,535 in November 2017.
The MVTR holds essential information about registered traders and their businesses. It is operated by Occupational Regulation, which is part of the market integrity branch of the Ministry of Business, Innovation and Employment.