Heavy blow for Elon Musk, as revealed by Ireland’s new car sales after record 2022

The number of new cars registered in January rose by more than nine percent compared to the same period last year.

The Society of the Irish Motor Industry has released its official statistics for January.

Car sales are on the rise again

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Car sales are on the rise againPhoto credit: Getty Images – Getty
Tesla's Elon Musk took a hit

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Tesla’s Elon Musk took a hitPhoto credit: Getty Images – Getty

It found that new vehicle registrations rose 9.4 percent in January to 27,364, compared to January 2022’s 25,014.

Electric car registrations hit their highest month ever with 3,682 new registrations in January, up 36.5 percent from 2,697 in January 2022. Electric vehicles now account for 13.5 percent of the market.

Tesla was one of Ireland’s best-selling cars last year, but it fell out of the top ten list.

Tesla had its best year ever in Ireland in 2022 with 675 Teslas registered here in the first five months – 78 percent of the total registration of 2021.

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The best-selling electric vehicles in January 2023 were the Hyundai Iconiq 5, Hyundai Kona, Volkswagen ID.4, Kia EV6, BMW I4, Kia Niro, Nissan Leaf, Skoda Enyaq, Renault Megane and the Toyota BZ4X.

TOP CAR MODELS JANUARY 2023

  1. Hyundai Tucson
  2. Toyota Yaris Cross
  3. Toyota Yaris
  4. Toyota C-HR
  5. Toyota Corolla
  6. Dacia Sandero
  7. Kia Sportage
  8. Hyundai Kona
  9. Volkswagen T-ROC
  10. Hyundai Ioniq

In the top car model year 2023, the Hyundai Tucson took first place, followed by several Toyota models.

Light commercial vehicles are up 10.1 percent from January last year to 5,559.

Registrations of heavy commercial vehicles also show an increase of 52.5 percent at 424 compared to January 2022 with 278.

Imported used cars fell 6.3 percent in January 2023 compared to last January.

Brian Cooke, Director General of SIMI, said: “January new car registrations are up 9.4 per cent year-on-year.

“While this is an important step in the right direction for the industry, both in terms of new cars and the additional trade-ins being generated to supply the used car market, sales still lag 15 per cent behind pre-Covid January 2019.

“Sales of light commercial vehicles (LCV) and heavy commercial vehicles (trucks) also show an increase compared to the previous year.

“More positively, sales of new electric vehicles (EVs) made an encouraging start to the year with 3,682 registrations, a record monthly figure.

“As supply chains improve, we expect continued growth in the EV market, although this will be driven not only by vehicle supply but also by levels of government support.”

https://www.thesun.ie/motors/10153233/major-blow-ireland-car-sales-elon-musk-tesla/ Heavy blow for Elon Musk, as revealed by Ireland’s new car sales after record 2022

Fry Electronics Team

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