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Decline in new car sales

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THE Society of the Irish Motor Industry (SIMI) has issued the Q2 Motor Industry. The review outlined that new car sales in the first half of 2017 declined by 10% when compared to new cars sold during the first half of 2016. The report highlighted that a combination of factors, including rising housing, rental and health insurance costs and uncertainty surrounding Brexit, were affecting disposable income and making consumers cautious about purchasing big-ticket items.

During the first six months, new car sales declined in every county, with Donegal experiencing the largest decline at 18.6%, while Cavan had the smallest decline of 4.4%. New car sales in Dublin accounted for 40.6% of the total new car market, the report showed. Car registrations in Kerry: Year to date, 2,561 Vs 2016 2,943 down 12.98%

The market share for hybrid vehicles increased from 1.6% to 3.2%. At the same time, there has been a welcome rebalancing of the Diesel/Petrol market shares and it is likely that this trend is set to continue toward equality between the two fuel types. Registrations of new diesel cars, reduced from 71% to 66%. There was a small decrease in new petrol car sales, which were down just 1% and they accounted for 30.2% of all new cars sold.

Imported cars, the vast majority of which are from the UK, continued to be a significant part of the overall car market the review found. It showed that during the first half of the year, 46,004 used cars were imported, which represented an increase of 42.6% compared to the same period in 2016.

The review also highlights that nearly half of all imported used cars during this period were five years or older, while the diesel share of used imports is just over 79%. Sterling weakness and a scarcity of second hand cars due to the collapse in new car sales from 2009 onwards, were the main factors behind the strong increase in used imports.

The report also shows a number of price decreases in the cost of motoring. The average price of a new car in May 2017 was 4.1% lower than a year earlier, while the cost of motor insurance in May 2017 was 8.4% lower than it was a year earlier.

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Killarney postcode V93 home to the county’s most-expensive properties

With properties both for rent and for sale in short supply, prices in the Killarney area have remained strong. In fact, houses with the V93 eircode were, once again, the […]

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With properties both for rent and for sale in short supply, prices in the Killarney area have remained strong.

In fact, houses with the V93 eircode were, once again, the most expensive homes in Kerry over the past 12 months according to data published by the CSO Residential Property Price Index. The report shows that in the year to December 2023, the average cost of buying a home in Kerry was €242,000 up 5% from the previous year’s figure of €230,000
Nationally that figure now stands at €327,000.
The average house price within the V93 eircode region was €284,000, 17% approx. above the average price for a home within the county.
With supply levels at an all time low and with very little new construction in the pipeline, there is little sign of this changing in the immediate term.

Commenting on the market, Ted Healy of DNG, has expressed concern with the low volume of properties available for sale at present.
‘We have lots of interested buyers seeking property in the Killarney area but unfortunately, we cannot satisfy the demand at present. The past 12 months has seen us securing sales in record time for record levels.”

DNG Ted Healy will be launching a new development of townhouses in the Woodlawn area to the market in the coming months and report that demand is exceptionally high.
The expect these properties to sell out in record time.
And with construction due to commence shortly on another scheme of detached houses on Muckross Road, it is looking like a busy year ahead.
However, this will not be enough to satisfy the demand at present. Properties within the V93 area are highly sought after and in very short supply, resulting in strong prices being achieved.
So is now a good time to sell your property? Yes, according to DNG Ted Healy who is actively seeking properties for sale to satisfy their ever expanding list of buyers.

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500,000 coffee cups prevented from going to landfill in Killarney

The team behind Killarney’s ban on single-use cups is launching an adult education programme later this year. Since its inception in July last year (up to December 31), 506,000 cups […]

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The team behind Killarney’s ban on single-use cups is launching an adult education programme later this year.

Since its inception in July last year (up to December 31), 506,000 cups have been prevented from going to landfill or becoming litter in Killarney National Park.
Additionally, the scheme has saved 872,413 litres of water and 279 trees.
The decision to ban single-use cups was underpinned by complaints that some of Killarney’s most visited beauty spots were being polluted and studies of clean-ups in the National Park revealed that one of the most common forms of waste recovered was single-use coffee cups.
With this in mind, the team behind the project, in conjunction with the Munster Technology University, will launch an adult education programme.
Late last year secondary school students attended a series of workshops in Killarney House hosted by the Killarney Coffee Cup project.
The session began with the task of matching the common items of litter to the time it takes for them to decompose.
The items ranged from crisp packets, banana skins and single-use coffee cups. The aim of this activity was to highlight the importance of minimising waste and litter, to protect the unique Biosphere Reserve that is Killarney National Park.
The plan now is to roll out a series of workshops aimed at adults with support from the National Parks and Wildlife Service.
“This is still in the very early stages,” said project lead Louise Byrne who is also the Sustainability Manager at The Killarney Park and The Ross hotels. “Why should we care?”
Byrne cited a recent article by The Guardian newspaper in Britain.
“The entire lifecycle of disposable cups, from raw material extraction to production and transportation, requires significant energy, contributing to environmental degradation. The slow decomposition of disposable cups, especially those with plastic linings, can lead to the release of microplastics into the environment and on the off chance that your disposable cup winds up in waste bound for incineration, that process can release pollutants into the air,” said a report on coffee cup waste by the Kent School of Business and published in the London newspaper.
Byrne believes there is still far too much litter, including coffee cups, ending up disposed of in the National Park and this is one of the key drivers behind the new adult education programme.
Meanwhile the scheme won two more awards this week. Eco Hero group at the Outsider Magazine gave the scheme its Eco Hero award and the scheme won the Green Transformation Award at the Green Awards.

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