A Positive November For Vehicle Registrations
The Society of the Irish Motor Industry has just released their official 242 new vehicle registrations statistics for November. New car registrations for the month of November were up 22% (1,123) when compared to November 2023 (921). Registrations year to date are down 1% (120,783) on the same period last year (122,055). Light Commercial Vehicles (LCVs) declined by 30% (537) compared to November last year (767). Year-to-date LCVs are up 6.9% (30,700). HGVs (Heavy Goods Vehicles) registrations are down 20% (96) in comparison to November 2023 (120). Year-to-date HGVs are up 8.8% (2,849).
Imported Used Cars have seen a 2.4% (4,964) rise in November 2024, when compared to November 2023 (4,846). Year-to-date imports are up 23.5% (58,410) on 2023 (47,307). In November 516 new electric cars were registered, which was 59.3% increase on the 324 registrations in November 2023. So far this year, 17,168 new electric cars have been registered representing a 24.2% decrease compared to the same period in 2023 when 22,653 electric cars were registered. In the new car market share by engine type for 2024, Petrol cars continue to lead the new car market at 30.38% followed by Diesel at 22.86%, then Hybrid (Petrol Electric) at 20.95%, Electric at 14.21%, and Plug-in Electric Hybrid at 10.05%.
Brian Cooke, SIMI Director General commenting: “In November new car registrations increased by 22% when compared to the same month last year. Despite this increase, year-to-date registrations are down by 1%. Both light and heavy commercial vehicle registrations saw a decline in sales for November, but activity year to date remains ahead for the commercial fleets. The new electric car market, following nine months of decline, saw some improvement in November, with 516 new electric cars registered, representing a 59% increase from November 2023. However, year to date EV registrations are 24% lower than 2023. Hopefully, we are starting to turn a corner for Electric Vehicles following a very challenging year. With this in mind, the new Programme for Government must include increased support for the EV project, strong investment in incentives and in the charging infrastructure. As we approach the final few weeks of 2024, the Industry’s focus is now firmly on its key selling period at the start of 2025 with generous incentives for customers to buy new cars across all brands and all market segments, members are hopeful for the busy start to 2025”.
5 Top Selling New Car Brands 2024 were:
1. TOYOTA, 2. VOLKSWAGEN, 3. SKODA, 4. HYUNDAI, 5. KIA
5 Top New Car Model’s 2024 were:
1. HYUNDAI TUCSON, 2. SKODA OCTAVIA, 3. KIA SPORTAGE, 4. TOYOTA RAV 4, 5. TOYOTA YARIS CROSS
5 Top Selling Electric Vehicles (EVs) Brands 2024:
1. TESLA, 2. VOLKSWAGEN, 3. KIA, 4. HYUNDAI, 5. BYD
5 Top Selling Electric Vehicle Models (EVs) 2024:
1. VOLKSWAGEN ID.4, 2. TESLA MODEL 3, 3. TESLA MODEL Y, 4. KIA EV6, 5. HYUNDAI KONA
Top Selling Car (November) 2024:
TESLA MODEL 3
