New T Registered Car Sales Slightly Up Year On Year

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New car registrations for October were down 2.1% (2,624) when compared to October 2021 (2,680) according to the Society of the Irish motor industry.

Registrations year to date are marginally up 0.6% (104,056) on the same period last year (103,425) and are 10.4% behind (116,124) that of pre-Covid levels.

Across county Tipperary year to date new car sales are up slightly compared to this time in 2021.

To date 2,691 units have been sold this year compared to 2,650 in 2021.

Used car imports for October (3336) have seen a decrease of 24.2% on October 2021 (4,401).

Year to date imports are down 26.6% (40,753) on 2021 (55,539).

For the month of October 741 new electric vehicles were registered compared to 519 in October 2021.

So far this year 15,241 new electric cars have been registered in comparison to 8,338 in the same period 2021, an increase of 82.8%.

Electric Vehicle, Plug-in Hybrids and Hybrids continue to increase their market share, with a combined market share now of 40.8%.

Petrol continues to remain dominant with 30.21%, Diesel accounts for 26.86%, Hybrid 19.37%, Electric 14.65% and Plug-in Electric Hybrid 6.78%.

As regards the Government plan to have 1,000,000 Electric Vehicles on Irish roads by 2030 SIMI says concerns over both increasing energy costs and raw material supply shortages have the potential to slow down the growth in EV sales.

SIMI wants the government to ensure that EVs are a strong environmental choice but also a cost-effective choice for consumers and businesses and wants targeted Government support in the establishment of a national charging infrastructure, and also the extension of EV purchase incentives beyond 2023.

The five top selling car brands year to date are: 1. Toyota, 2. Hyundai, 3. Volkswagen, 4. Kia, 5. Skoda. The five top car models year to date are 1. Hyundai Tucson, 2. Toyota Corolla, 3. Kia Sportage, 4. Toyota C-HR, 5. Volkswagen ID.4