Van, Truck, Trailer, Bus and Coach Aftermarket News in Ireland

CV registrations for January announced

The Society of the Irish Motor Industry (SIMI) has released the official 221 new vehicle registration figures for January.

While normally January gives a good indication for how the market will go for a full year, this time it isn’t so clear due to some manufacturers having more supply issues with vans and trucks than others, a hangover from factory lockdowns earlier in the pandemic.

The Van Market
Light commercial vehicles (LCV) are up slightly 0.7 per cent (5,055) compared to January last year (5,022).

Ford leads the market with 26.41 per cent market share. It is followed by Volkswagen, Opel, Citroen and Toyota in fifth place.

The top selling models are the Ford Transit Custom, followed by the Transit in second, Citroen’s Berlingo, the Volkswagen Caddy and the Peugeot Partner in fifth place for January.

The HCV Market
HCV (Heavy Commercial Vehicle) registrations are also showing a small decrease of 1.5 per cent (332) in comparison to January 2021 (337).

The Car Market
New cars registrations for the month of January are down very slightly -0.2 per cent (25,093) when compared to January 2021 (25,140). Toyota leads the market with a strong 20.9 per cent market share. Hyundai is second, Volkswagen is third, Skoda is in fourth place, and Kia completes the top five.

The best selling model in January was the Hyundai Tucson, followed by the Toyota Corolla, Toyota RAV 4, C-HR, Yaris, the Nissan Qashqai, Hyundai Kona, Toyota Yaris Cross, Skoda Octavia and the Ford Puma completes the top 10.

Used car imports seen a massive 40.8 per cent (4,041) decrease in January when compared with January 2021 (6,821).

New electric car registrations reached their highest month on record with 2,714 registered in January 2022 (+178%), compared to 977 January 2021.

The Hyundai IONIQ 5 was the best-selling electric car in January 2022, with 459 units registered. It was followed in second place by the Nissan Leaf, then the Kia EV6 in third, VW ID4 in fourth, with the Kia Niro in fifth place for January.

Battery technology cars have seen the greatest increase in market share for January, accounting for over 46 per cent of the new car market. There was a significant increase in growth for hybrid (26.5%), plug-in hybrid (8.4%) and electric (10.8%) market share.

Despite a large decrease in market share for internal combustion engine type vehicles, petrol is now dominant (28.6%), while Diesel declined to (22.4%).

Interestingly, automatic transmissions (57.1%) have increased their market share for January overtaking manual transmissions (42.8%) in popularity for the first time.