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News : Irish Economy Last Updated: Aug 9, 2013 - 7:39 AM

Irish Economy 2013: Car sales rose 51% in July on launch of '132' number plate
By Finfacts Team
Aug 8, 2013 - 3:01 PM

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Irish Economy 2013:  There were 9,306 new private cars licensed in July 2013, compared with 6,164 in July 2012, an increase of 51.0%. The CSO said it should be noted that the '132' number plate was introduced from the 1st July 2013.

The number of new goods vehicles licensed in July 2013 was 953, down 6.2% from July 2012.

The licensing figures also show that:

  • In July 2013, the total number of all vehicles licensed was 17,426 compared with 12,113 in the corresponding month last year – an increase of 43.9%.
  • The total number of all new vehicles licensed during July 2013 was 11,228 compared with 7,944 during the same month in 2012 - an increase of 41.3%.
  • In July 2013, the total number of used (imported) private cars licensed was 4,587 compared with 3,143 during July 2012 - an increase of 45.9%.
  • In July 2013, of the 9,306 new private cars licensed, 2,658 (28.6%) were petrol and 6,539 (70.3%) were diesel.
  • The highest number of new private cars licensed in July 2013, classified by make, was Ford (1,441) followed by Volkswagen (1,181), Toyota (836) and Hyundai (794).

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

David McNamara of Davy comments  - -"As expected, vehicle sales rocketed in July, rising 41.3% yoy to 7,944. New private car sales rose 51% yoy to 9,306. The introduction of the new '132' vehicle plate system meant sales plummeted in June, falling 37% yoy, but the declines have largely been offset in July. Cumulatively, the 58,800 private car sales in the year to July are still down on the 65,100 sales in the same period in 2012 --suggesting that the bounce in car sales will be spread more evenly across the second half of the year."

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