Irish Economy
Irish economy 2014: New cars licensed up 48.8% in January
By Finfacts Team
Feb 7, 2014 - 12:25 PM

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There were 15,975 new private cars licensed in January 2014, compared with 10,735 in January 2013, an increase of 48.8%, according to the CSO.  The corresponding figure for January 2014 in respect of used (imported) private cars was 3,966 and this was up 47.9% from January 2013.

The number of new goods vehicles licensed in January 2014 was 1,390, up 59.2% from January 2013.

The licensing figures also show that:

  • The total number of all new vehicles licensed during January 2014 was 18,328 compared with 12,316 during the same month in 2013 - an increase of 48.8%.
  • In January 2014, of the 15,975 new private cars licensed, 3,755 (23.5%) were petrol and 11,934 (74.7%) were diesel.
  • The highest number of new private cars licensed in January 2014, classified by make, was Toyota (2,354) followed by Volkswagen (1,719), Ford (1,575) and Hyundai (1,572).

The licensing figures refer to vehicles taxed for road use only and classified by taxation class.

The CSO said it should be noted that the three month transition period for motor tax gapping provided for in the Non-Use of Motor Vehicles Act 2013 ended on 30 September 2013.

Licensing differs from registration in that a vehicle is licensed when a valid motor tax disc is issued for the first time. Registration occurs when a vehicle gets its licence plate (registration number) for the first time.

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