Figures released by the Society of the Irish Motor Industry today showed that new car registrations for May were down 10.3% when compared to 2021, with a total of 5,303 cars registered last month. Registrations year to date are up 3.2% on the same period last year and are -20.5% behind that of pre-Covid levels.
Used car imports for May have seen a decrease of 35.2% vs last year and a 34.4% decrease year to date vs 2021.
There were a total of 744 new fully-electric vehicles registered compared to 534 in May 2021. So far this year 8,261 new electric cars have been registered in comparison to 3,940 on the same period 2021.
Electric Vehicle, Plug-in Hybrids and Hybrids continue to increase their market share, with a combined market share now of 43.14%.
Commenting on the new vehicle registrations Brian Cooke, Director General SIMI said: “New vehicle registrations continue to remain challenging, with a slowdown during the month of May, reflecting the international supply chain issues. New car registrations year to date are over 20% behind pre-COVID (2019) levels, while sales of commercial vehicles, both Light and Heavy Good Vehicles (HGVs), also remain subdued. Despite the decline in May new car registrations, the sale of electric cars continues to grow, with EV sales for the first 5 months of the year over double that of the same period last year.
The EPA today have highlighted the huge challenges in meeting emissions reductions required by 2030. For transport this means increased investment in active and public transport, and also rapidly reducing emissions from the national vehicle fleet by accelerating the move to electrification and dealing with the legacy fleet. In this context, the Industry and consumers will need confidence that both the current levels of EV supports are continued, and that Government support the massive investment required to create a charging infrastructure that keeps pace on an ongoing basis with the increasing numbers of EVs”
Top 5 Selling New Cars 2022
- Hyundai Tucson
- Toyota Corolla
- Toyota CH-R
- Toyota RAV-4
- Toyota Yaris
Top 5 Selling New Electric Cars 2022
- Volkswagen ID.4
- Hyundai IONIQ 5
- Kia EV6
- Nissan LEAf
- Tesla Model 3