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Amount of new cars licensed fa...

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Amount of new cars licensed falls by 25% in July

RedFM News
RedFM News

12:18 10 Aug 2022


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The number of new cars licensed in Ireland in July 2022 fell by a quarter, compared to a year earlier.

New stats from the CSO show last year's figure was more than 5,100 higher than this year.

It also points to consumers choosing electric cars more often - the share of EVs rose by 7% in a year.

Sunday Independent Motoring Editor, Geraldine Herbert, says there are a number of factors behind the dramatic fall in the total number of new cars:

"Yeah we have a delay with new cars at the moment about putting people off as long waiting times due to the global chip shortage and also the cost of living crisis I say as making people reconsider do they really need to change their car."


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