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January is the busiest time of the year in the new car market

Have sales of electric vehicles stalled?

2023 saw record sales of electric vehicles, with deals up 45% on 2022. But there are signs that demand may be stalling. So what is happening in the EV market, asks Business Editor, Will Goodbody.

Business • 20 Jan 24

The number of new cars licensed in November decreased by 3% in November compared to the same month last year

New electric car sales up 46% so far this year - CSO

New figures from the Central Statistics Office today show that new electric cars licensed for the first time from January to November of this year rose by 46% compared with the same time in 2022.

Business • 11 Dec 23

947 cars were registered in November, down from 985 in the same month a year ago, new SIMI figures show

New cars registered in November slows by 4% - SIMI

The number of new cars registered in November fell 4% according to new data from the Society of the Irish Motor Industry (SIMI).

Business • 01 Dec 23

45% of all new private cars licensed during the month of October electric, PHEV or hybrid, new CSO figures show

New electric car sales up 47% so far this year - CSO

New figures from the Central Statistics Office show that 45% of all new private cars licensed during the month of October electric, PHEV or hybrid.

Business • 09 Nov 23

Ferrari said models of its hybrid 296 and SF90 families drove its deliveries in the third quarter of 2023

Ferrari raises 2023 forecasts after beating estimates

Luxury sports car maker Ferrari has today slightly raised its forecasts for its full-year core earnings, after beating estimates with its third-quarter results.

Business • 02 Nov 23

The number of new electric cars licensed has increased by 52% from 13,506 in January to September of 2022 to 20,517 in the same time of 2023, new CSO figures show

New electric car sales up 52% so far this year - CSO

New figures from the Central Statistics Office show the continued growth in the number of electric and plug-in hybrid vehicles licensed in Ireland.

Business • 16 Oct 23

New accounts show that JDM Automotive Ltd's revenues rose by 19% or €87.6m from €457.32m to a record €544.93m last year

Profits rise in record year for Joe Duffy Motor Group

Pre-tax profits at one of the biggest car dealer groups in the country, the Joe Duffy Group, last year by 23 per cent to €36.52 million.

Business • 11 Oct 23

118,369 new cars have been registered so far this year, the data shows.

SIMI: New car sales up 16% so far this year

New car sales are up 16% so far this year when compared to the same period last year, new figures show.

Business • 02 Oct 23

A total of 102,600 new cars were licensed in the first eight months of the year, up 19% on the same time last year.

New car sales motor 27% higher in August - CSO

The number of new cars licensed in August rose by 27% compared with the same time last year, the latest Central Statistics Office figures show today.

Business • 11 Sep 23

Electric car sales are 65.2% higher so far this year, today's SIMI figures show

New car registrations up 23.9% in July - SIMI

There were 27,148 new cars registered last month, according to the Society of the Irish Motor Industry, that marked an increase of 23.9% year-on-year.

Business • 02 Aug 23

BMW said its sales rose 4.7% in the first half of the year compared to last year

BMW lifts sales, earnings outlook on strong order book

BMW has today lifted its annual outlook for its margin on earnings before interest and taxes (EBIT) in the automotive segment to between 9-10.5% from 8-10% previously, and expects solid growth to its deliveries.

Business • 01 Aug 23

Renault today recorded net income of €2.12 billion after posting a €1.68 billion loss in the first half of 2022

Renault returns to net profit in first half of 2023

French car maker Renault has today posted an operating margin of 7.6% for the first half year, its highest ever and already close to its 2025 target, helped by higher prices for new cars and by cost reductions.

Business • 27 Jul 23

Tesla was the most popular make of new private cars licensed in June of this year, new CSO figures show

New electric car sales up 65% in first half of 2023

New figures from the Central Statistics Office show that the number of new electric cars licensed has increased by 65% from 8,309 in the first half of 2022 to 13,701 in the first half of 2023.

Business • 10 Jul 23

SIMI figures show that new car registrations in June rose to 2,994, up from 2,154 the same month last year

New car registrations motor 39% higher in June - SIMI

New figures from the Society of the Irish Motor Industry (SIMI) show that new car registrations for June were up 39% on the same time last year as electric vehicles, plug-in hybrids and hybrids continued to increase their market share.

Business • 03 Jul 23

Sales of clothing and footwear fell by 21.6% in May, new CSO figures show

Monthly retail sales down 1.6% in May - CSO

New figures from the Central Statistics Office show that retail sales volumes fell by 1.6% on a monthly basis in May with decreases recorded for clothing, footwear and textiles, books newspapers and stationery and car sales.

Business • 28 Jun 23

In the European Union, the increase was 18.5%.

EU electric vehicle sales jump 71% - ACEA

Electric vehicle (EV) sales in the European Union jumped 71% in May while new car registrations grew for the tenth consecutive month, rising 18.5%, data released by the region's carmaker association show.

Business • 21 Jun 23

18% of all new cars licensed for the first time in the first five months of the year were electric compared with 13% in the same time in 2022

New cars licensed in May jump by 47% on last year

New figures from the Central Statistics Office show that the number of new electric cars licensed increased by 52% from 7,825 in the first five months of 2022 to 11,918 in the first five months of this year.

Business • 09 Jun 23

Volkswagen was the most popular make of new private car licensed in April, today's CSO figures show

New electric car sales up 46% so far this year - CSO

New figures on car sales from the Central Statistics Office show the continued growth in the number of electric and plug-in hybrid vehicles licensed here.

Business • 09 May 23

Volkswagen has today confirmed its outlook for 2023

Volkswagen revenue jumps on growth in Europe, America

Volkswagen has reported a rise in revenue of 22% to €76 billion but saw a drop in operating profit to €5.7 billion, after last year's first quarter profit was boosted by commodity hedging.

Business • 04 May 23

Petrol remained the most popular fuel type

New car sales up 14% in April driven by electric switch

New car registrations rose 14% last month, according to the latest data from the Society of the Irish Motor Industry (SIMI).

Business • 02 May 23

The number of new electric cars licensed has risen by 39% from 5,388 in the first three months of 2022 to 7,513 for the first three months of 2023.

Sales of electric cars continue to rise as diesel slows

New figures from the Central Statistics Office today reveal the continued growth in the number of electric and plug-in hybrid vehicles licensed in Ireland.

Business • 12 Apr 23

The number of new cars registered in the EU, UK and the European Free Trade Association (EFTA) reached 911,064 units in January

European new car sales up 10.7% in January

European new car registrations jumped in January, data from the region's carmaker association showed today.

Business • 21 Feb 23

The CSO said the number of new cars licensed in January rose by 6% to 16,787 from 15,814 the same month last year

Electric car sales jump by 40% in January - CSO

New figures from the Central Statistics Office show that the number of new electric cars licensed has increased by 40% from 1,813 in January of last year to 2,531 in January of this year.

Business • 08 Feb 23

Prices now are 16.2% up on this time a year ago

Used car prices almost 70% higher than pre-pandemic

Prices sought for used cars across the country continued to rise in the last three months of the year and are now almost 70% higher than they were before the pandemic began.

Business • 19 Jan 23

The number of new cars registered in the European Union, Britain and the European Free Trade Association rose by 17.4% in November

European car sales jump 17.4% in November

European new car registrations increased sharply in November, data from the region's carmaker association showed today.

Business • 15 Dec 22

Car Sales

Have sales of electric vehicles stalled?

New electric car sales up 46% so far this year - CSO

New cars registered in November slows by 4% - SIMI

New electric car sales up 47% so far this year - CSO

Ferrari raises 2023 forecasts after beating estimates

New electric car sales up 52% so far this year - CSO

Profits rise in record year for Joe Duffy Motor Group

SIMI: New car sales up 16% so far this year

New car sales motor 27% higher in August - CSO

New car registrations up 23.9% in July - SIMI

BMW lifts sales, earnings outlook on strong order book

Renault returns to net profit in first half of 2023

New electric car sales up 65% in first half of 2023

New car registrations motor 39% higher in June - SIMI

Monthly retail sales down 1.6% in May - CSO

EU electric vehicle sales jump 71% - ACEA

New cars licensed in May jump by 47% on last year

New electric car sales up 46% so far this year - CSO

Volkswagen revenue jumps on growth in Europe, America

New car sales up 14% in April driven by electric switch

Sales of electric cars continue to rise as diesel slows

European new car sales up 10.7% in January

Electric car sales jump by 40% in January - CSO

Used car prices almost 70% higher than pre-pandemic

European car sales jump 17.4% in November