The Society of the Irish Motor Industry (SIMI) today released their official new vehicle statistics. 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.

The Climate Action Plan 2021 announced yesterday by Government, outlines a range of Industry specific emissions reduction targets for each sector of the economy.

The Society of the Irish Motor Industry (SIMI) today released their official new vehicle statistics.

Government announces removal of incentive from customers who have pre-ordered low emitting Plug-In Hybrid vehicles for 2022. This gives no notice for the Retailers, Manufacturers and Finance companies that have contracts for these vehicles and undermines the aim of reducing emissions from the national car fleet

Budget 2022, announced this afternoon by Minister for Finance Paschal Donohoe, and Minister for Public Expenditure and Reform Michael McGrath contains a number of measures specific to motoring:

Regressive tax proposals will not reduce the huge number of older polluting cars on the road, which will greatly hamper both Ireland’s ability to reach its climate change targets and the Irish Motor Industry’s proactive efforts to decarbonise the nation’s entire car fleet. These proposed tax increases would mean that consumers will have to pay more tax next year to make better environmental choices.

The appetite among consumers for new cars, boosted by pent-up demand and strong consumer savings, that was in evidence in July has continued into August. New car sales are up 25% on the same month last year and by 22% year to date. 6,013 new cars registrations for August compared to 4,808 in August 2020 (+25.1%) and 5,088 in August 2019 (+18.2%). 96,309 new cars registered year to date compared to 78,864 for the same period in 2020 (22.1%) and 110,527 in 2019 (-12.9%).

The Society of the Irish Motor Industry (SIMI) today released their official new vehicle statistics. 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.