New car sales down 6% as car companies face turmoil

There were 25,736 new car registrations during July — down from 27,336 during the same month last year
New car sales down 6% as car companies face turmoil

Registrations of new electric cars are now back to 2022 levels. 

The number of new cars registered in Ireland during July dropped nearly 6% as numerous car companies continue to deal with the falling demand in the electric car market and increasing competition.

Data from the Society of the Irish Motor Industry (SIMI) shows that there were 25,736 new car registrations during the month down from 27,336 during the same month last year. The largest fall was seen in electric cars with 3,147 registered, down 24.7% year-on-year.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited