Disappointing July New Car Registrations down 17.3%: Incentivisation key, Electric Vehicle supports must be retained
SIMI - Society of the Irish Motor Industry
The Official Voice of the Motor Industry in Ireland.
The Society of the Irish Motor Industry?(SIMI), today released the official 222 new vehicle registration figures?for July.?
New car registrations for July were down 17.3% (21,902) when compared to July 2021 (26,477), while year to date registrations are down 3.6% (87,075) on the same period last year (90,330).?
Light Commercials vehicles (LCV) are down 14.8% (4,039) compared to July?last year (4,740) and year to date are down 21.4% (17,100). HGV (Heavy Goods Vehicle) registrations are down 1.6% (317) in comparison to July?2021 (322). Year to date HGV's are down 9.4% (1,675).
Used car imports for July?(4,206) have seen a decrease of 21.3% on July 2021 (5,344). Year to date imports are down 31.1% (28,316) on 2021 (41,097).
For the month of July 2,738 new electric vehicles were registered compared to 1,895 in July 2021. So far this year 11,182 new electric cars have been registered in comparison to 6,225 on the same period 2021 an increase of 79.6%.
Electric Vehicle, Plug-in Hybrids and Hybrids continue to increase their market share, with a combined market share now of 40.9%. Petrol continues to remain dominant with 29.29%, Diesel accounts for 27.51%, Hybrid 21.23%, Electric 12.84% and Plug-in Electric Hybrid 6.83%.?
Commenting on the new vehicle registrations Brian Cooke, Director General SIMI said:?
“Disappointingly July new car registrations, our second highest sales’ period, are down 17.3% on July 2021. This means the new car market is now 4% behind year to date and 17% behind pre-COVID 2019. The electric vehicle segment continues to grow, both in quantum and as a proportion of the new car market, with an 80% year on year growth and a market share of 13%. While it appears that there is appetite among consumers for both new and used cars, supply issues are hampering overall activity. The impact of this is another year of below par performance in the Irish new car market, which results in the Irish car fleet continuing to get older. The underlying new car market needs to grow significantly over the next few years if we are to optimise transport emission reductions. Government policies must contain the right measures, to support and encourage the change to lower and zero emitting vehicles. Reducing EV supports or increasing taxation will only act as a barrier to change and add to the cost of living. In this context, SIMI is asking the Government to continue its support for the EV project by extending EV supports at current levels out to 2025 and to resist any VRT increases in Budget 2023 which will only prove counterproductive and prevent us dealing with the legacy fleet in an effective manner that supports a just transition.”
?Ends?
To present a more accurate picture of the new vehicle registrations, it is important to compare registrations totals with the same period in 2019 (pre-COVID) when businesses were fully operational.
2022 Total New Vehicle Stats?
? New Car sales total year to date (2022) 87,075 v (2021) 90,330 -3.6%
? New Car sales total year to date (2022) 87,075 v (2019) 105,439 -17.4%
? New Car sales total July (2022) 21,902 v (2021) 26,477 -17.3%
? New Car sales total July (2022) 21,902 v (2019) 24,681 -11.3%?
? Light Commercial Vehicles sales year to date (2022) 17,100 v (2021) 21,763 -21.4%
? Light Commercial Vehicles sales year to date (2022) 17,100 v (2019) 20,014 -14.6%
? Light Commercial Vehicles sales total July (2022) 4,039 v (2021) 4,740 -14.8%
? Light Commercial Vehicles sales total July (2022) 4,039 v (2019) 4,697 -14.0%
? Heavy Goods Vehicle total sales year to date (2022) 1,675 v (2021) 1,849 -9.4%
? Heavy Goods Vehicle total sales year to date (2022) 1,675 v (2019) 2,054 -18.5%
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? Heavy Goods Vehicle total sales July (2022) 317 v (2021) 322 -1.6%
? Heavy Goods Vehicle total sales July (2022) 317 v (2019) 251 +26.3%
? Used Car Imports total year to date (2022) 28,316 v (2021) 41,097 -31.1%
? Used Car Imports total year to date (2022) 28,316 v (2019) 62,508 -54.7%
? Used Car Imports total July (2022) 4,206 v (2021) 5,344 -21.3%
? Used Car Imports total July (2022) 4,206 v (2019) 9,382 -55.2%
? Car Hire total year to date (2022) 3,896 v (2021)7,577 -48.6%
? Car Hire total year to date (2022) 3,896 v (2019) 18,266 -78.7%
? Car Hire total July (2022) 1,169 v (2021) 3,940 -70.3%
? Car Hire total July (2022) 1,169 v (2019) 3,854 -69.7%
? New Electric Vehicles sales total year to date (2022) 11,182 v (2021) 6,225 +79.6%
? New Electric Vehicles sales total year to date (2022) 11,182 v (2019) 2,687 +316.2%
? New Electric Vehicles sales?July?(2022) 2,738 v (2021) 1,895 +44.5%
? New Electric Vehicles sales?July?(2022) 2,738 v (2019) 733 +273.5%
? 5 Top selling car brands year to date are:?1. TOYOTA, 2. HYUNDAI, 3. VOLKSWAGEN, 4.KIA, 5. SKODA
? 5 Top car model’s year to date are 1. HYUNDAI TUCSON, 2. TOYOTA COROLLA, 3. TOYOTA C-HR, 4.KIA SPORTAGE, 5. TOYOTA RAV 4
??Top Selling Car July 2022: HYUNDAI TUCSON
? 5 Top new Electric Vehicle car model’s year to date are:?1 VOLKSWAGEN ID.4, 2. HYUNDAI IONIQ 5, 3. KIA EV6, 4. VOLKSWAGEN ID.3, 5. NISSAN LEAF?
? Market share by engine type 2022: Petrol 29.29%, Diesel 27.51%, Hybrid 21.23%, Electric 12.84%, Plug-In Electric Hybrid 6.83%?
? Table below shows new car registrations by county for January-July 2022.?
Visit?https://stats.beepbeep.ie/ for full stats info
IoT Solution Architect
2 年Bought a 222 Toyota CHR last week, problem is nothing to do Government or EV support, and everything to do with stock and availablity. Most dealers had few or no models in stock, or no access to stock, with most saying no cars available this side of Jan 2023. One Ford dealer had only 1 car in their showroom, and that was their high end EV. Some dealers had lots of stock, so we shopped around and ended up buying a model above what we had intended, because no mid range versions available. This has all to do with global shortage and manufacturers not having models in stock and nothing to do with Government...
alba automotive ireland ltd
2 年Remember No Storm lasts forever we be back on pole position soon