With October registrations down by 2.1pc on last year, the overall new car market is only 0.6pc ahead of 2021 year to date (YTD), writes Brian Byrne. According to the Society of the Irish Motor Industry, that leaves the sales YTD down 10.4pc compared to pre-Covid.
Light Commercial vehicles (LCV) are up 14.0pc (1,448) compared to October last year (1,270) and year to date are down 18.8pc (22,452). HGV (Heavy Goods Vehicle) registrations are down 11.4pc (187) in comparison to October 2021 (211). Year to date HGV’s are down 6.9pc (2,303).
Used car imports for October (3,336) have seen a decrease of 24.2pc on October 2021 (4,401). Year to date imports are down 26.6pc (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 on the same period 2021, an increase of 82.8pc.
Electric Vehicle, Plug-in Hybrids and Hybrids continue to increase their market share, with a combined market share now of 40.8pc. Petrol continues to remain dominant with 30.21pc, Diesel accounts for 26.86pc, Hybrid 19.37pc, Electric 14.65pc and Plug-in Electric Hybrid 6.78pc.
The top selling car models YTD are Hyundai Tucson, Toyota Corolla, Kia Sportage, Toyota C-HR, and Volkswagen ID.4.