New figures from the Central Statistics Office show that the number of new cars licensed in January 2024 rose by 24% to 20,861 from 16,787 the same month last year.
The CSO said today's figures show the continued growth in the number of electric and plug-in hybrid vehicles licensed here as the number of new electric cars licensed increased by 12% from 2,531 in January last year to 2,829 in January of this year.
However, electric cars made up a slightly lower percentage of all new cars licensed for the first time in January this year - 14% compared to 15% in January last year.
Today's CSO figures also reveal that 6,119 new cars licensed were petrol in January 2024, up from 5,819 in January 2023, while 4,337 new diesel cars were licensed in January compared with 3,427 the same time last year.
Meanwhile, CSO figures also show that a total of 4,600 used private cars were licensed in January 2024 compared with 3,572 in January 2023, an increase of 30%.
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They also reveal that Toyota (4,113) was the most popular make of new private car licensed in January, followed by Hyundai (2,699), Skoda (1,753), Kia (1,567) and Volkswagen (1,483).
These five makes represent 56% of all new private cars licensed last month.
And the most popular brand of new electric car licensed in January was the Hyundai Kona (320) followed by the Volkswagen ID.4 (215), the MG4 (136) and the Volkswagen ID.3 (132).