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New vehicle data released by CSO


Data on new vehicles licensed in February this year has been released by the Central Statistics Office (CSO).

Last month, 13,263 new private cars were licensed, a drop of 6.5 per cent compared with February 2019. The February 2020 figure is 19.6 per cent lower than the same month in 2018. The number of used (imported) private cars licensed decreased by 18.3 per cent compared with February last year.

The total number of new vehicles licensed during February 2020 was 17,285 compared with 18,171 during the same month in 2019, a decrease of 4.9 per cent.

There was a decrease of 0.3 per cent in the number of new goods vehicles licensed in February 2020 bringing the total to 2,727.

In the first two months of this year, a total of 33,928 new private cars were licensed, a decrease of 6.9 per cent compared with the same period in 2019. The number of used (imported) private cars licensed decreased by 12.1 per cent compared with the same period last year.

The CSO also says car buyers are three times more likely to choose hybrid or electric options compared to two years ago.

In February 2020, 18.0 per cent of new private cars licensed were hybrid or electric compared with 6.1 per cent in February 2018. Electric and hybrid (alternative fuel) vehicles accounted for 16.7 per cent of all private cars licensed in the first two months of 2020, compared with 10.7 per cent in the same period in 2019.

The licensing figures also show that Toyota (1,650) was the most popular make of new private cars licensed in February 2020, followed by Volkswagen (1,580), Hyundai (1,191), Skoda (1,134) and Nissan (943). Together these five makes represent 49.0 per cent of all new private cars licensed last month.

In the first two months of this year, 94.4 per cent of new private cars licensed in the A/B CO2 emissions bands, up from 92.3 per cent in the same period in 2019.

On a seasonally adjusted basis, new private cars licensed decreased by 0.9 per cent in February 2020 compared with January 2020. The number of seasonally adjusted used (imported) private cars licensed decreased by 13.4 peer cent over the same period.

In the first two months of 2020, 0.2 per cent of imported private cars licensed were less than one year old (vehicles previously registered abroad in 2020) while 956 (6.5 per cent) were ten years or older.

Diesel vehicles accounted for 42.2 per cent of all new private cars licensed in the first two months of 2020, compared with 48.4 per cent in the same period in 2019. For used (imported) diesel private cars, the percentage licensed was 67.7 per cent in the first two months of 2020. This compares with 72.9 per cent in the same period last year.