The Society of the Irish Motor Industry (SIMI ) has released their official 232 new vehicle registrations statistics for November.
New car registrations for the month of November were down 4% (947 ) when compared to November 2022 (985 ). Registrations year to date are up 15% (121,430 ) on the same period last year (105,189 ).
Light Commercial vehicles (LCV ) are down 12.7% (764 ) compared to November last year (875 ) and year to date are up 27.0% (29,408 ). HGV (Heavy Goods Vehicle ) registrations are showing a decrease for November of 10.2% (106 ) in comparison to November 2022 (118 ).
Year to date HGVs are up 20.1% (2,605 ).Imported Used Cars seen an increase 47.1% (4,847 ) increase in November 2023, when compared to November 2022 (3,295 ). Year to date imports are up 7.4% (47,308 ) on 2022 (44,047 ).
For the month of November 355 new electric vehicles were registered compared to 343 in November 2022 (+3.50% ). So far this year 22,629 new electric cars have been registered in comparison to 15,590 (+45.15% ) on the same period 2022.
Electric Vehicles, Plug-in Hybrids and Hybrids continue to increase their market share, with a combined market share (year to date ) now of 45.48%. Petrol remains dominant at 30.17%, with Diesel accounting for 22.11%, Electric 18.64%, Hybrid 18.57% and Plug-in Electric Hybrid 8.27%
“New car registrations for the month of November decreased by 4% on the same month last year, while year to date the new car market remains 15% ahead of 2022 with 121,430 cars registered this year. Sales of commercials both Light (LCV ) and Heavy Good Vehicles (HGVs ), continue to remain subdued in November, however they are ahead year to date.
“Despite a decline in November new car registrations, the market share of battery electric cars continued to rise, with all counties seeing an increase in electric vehicle registrations. The number of electric cars sold in the month are double that of Diesel and Petrol cars. Private consumer sales dominate the EV market accounting for 75% of EV sales year to date, underlining the importance of continued incentives and supports into 2024,” Brian Cooke, SIMI Director General, commented.
