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October new car sales down 16.8pc

New car registrations for the month of October were down 16.8 per cent (2,178) when compared to October 2022 (2,617), according to the latest figures released today by the Society of the Irish Motor Industry (SIMI).

The figures also show that registrations for the year-to-date are up 15.6 per cent (120,495) on the same period last year (104,204).

For the month of October 2023, 607 new electric vehicles were registered compared to 737 in October 2022 (-17.6%).

So far this year, 22,280 new electric cars have been registered in comparison to 15,247 (46.1%) on the same period 2022.

Imported used cars for last month also seen an increase of 23.66 per cent (4,124) on October 2022 (3,335). For the year-to-date imports are up 4.2 per cent (42,463) on 2022 (40,752).

In October, the new car market share grew, with petrol retaining the largest share at 30.28 per cent, diesel accounting for 22.15 per cent, hybrid 18.57 per cent, electric 18.49 per cent, and plug-in electric hybrid 8.26 per cent.

Battery electric vehicles (BEVs), plug-in hybrids and hybrids now see their combined market share (year-to-date) at 45.32 per cent, according to SIMI..

2023 total new vehicle stats:

Top selling car brands:
1. Toyota; 2. Volkswagen; 3. Hyundai; 4. Skoda; 5. Kia

Top car models:
1. Hyundai Tuscon; 2. Kia Sportage; 3. Toyota Corolla; 4. Toyota Yaris Cross; 5. Volkswagen ID.4.

Top 5 selling EV brands:
1. VW; 2. Tesla; 3. Hyundai; 4. Kia; 5. MG.

Top 5 selling EVs:
1.VW ID.4; 2. Tesla Model Y; 3. Hyundai Ioniq 5; 4. Skoda Enyaq; 5. MG MG4.

Top selling car (October):
MG MG4

Top selling EV (October):
MG MG4

Meanwhile, light commercial vehicle (LCV) sales are slightly up 0.14 per cent (1,443) compared to October last year (1,441). Year-to-date LCV sales are up 28.6 per cent (28,661).

Heavy goods vehicle (HGV) registrations for October 2023 are down 28.73 per cent (129) in comparison to October 2022 (181). Year-to-date this segment is up 22.05 per cent (2,502).