Irish Economy 2014: The number of new private cars licensed for the first time increased by 23.1% to11,906 in February 2014 compared to February 2013 - - but from a low base. Used (imported) private cars licensed for the first time were up 22.1% to 4,537 for the same period.
The CSO said that in total, there were 27,881 new private cars licensed in the year to the end of February 2014, a rise of 36.6% compared to the same period in 2013. The corresponding figure for 2014 in respect of used (imported) private cars was 8,503 and this was up 32.9% from 2013.
The licensing figures also show that:
The licensing figures refer to vehicles taxed for road use only and classified by taxation class.
The CSO said 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.
Check out our subscription service, Finfacts Premium , at a low annual charge of €25
© Copyright 2011 by Finfacts.com