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Busy month ahead for Donegal car retailers as 222 registrations open

written by Rachel McLaughlin July 1, 2022
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As 222 registration begins, the Society of the Irish Motor Industry today reports that registrations in Donegal are up 2.73% this year to date.

Between January and June 2022, a total of 1,542 new vehicles were registered in Donegal, compared to 1,501 in the same period last year.

Nationally, new car registrations for June were down 22% (2,154) when compared to June 2021 (2,762). Registrations are 19.3% behind (80,758) that of pre-Covid levels.

Electric Vehicle, Plug-in Hybrids and Hybrids continue to increase their market share, with a combined market share now of 42.49%. Petrol continues to remain dominant with 28.22%, Diesel accounts for 26.87%, Hybrid 22.50%, Electric 12.96% and Plug-in Electric Hybrid 7.03%.

For the month of June 187 new electric vehicles were registered compared to 390 in June 2021. So far this year 8,444 new electric cars have been registered in comparison to 4,330 on the same period 2021.

Commenting on the new vehicle registrations Brian Cooke, Director General SIMI said: “New car registrations for the first half of the year are marginally ahead (2.1%) of last year but remain 19.3% behind that of 2019 (pre-covid levels). The continuing surge in Electric Vehicle sales, up 97% for the first half of the year, continues to be the one positive aspect of the new car market. While overall new car registrations for June are down 22% on the same month last year, the Industry is as ever optimistic that the new 222 registration period, which begins today, will help boost sales and attract vital trade-ins for the used car market. Feedback from retailers is that July will be very busy, and consumers are advised to shop around for the best deals on new and used cars.

“Despite pent-up demand following two years of interrupted business, new car sales continue to drag due to supply constraints. While the supply issues will start to unwind in the short term, we now have the spectre of inflation and global political uncertainty. These have the potential to dampen new car demand at this critical juncture in reducing transport emissions. In this environment it is vital that Government continues to incentivise electric vehicles by extending current supports, and also refrain from any further taxation increases which will only suppress demand hampering our ability to decarbonise the national fleet.”

Busy month ahead for Donegal car retailers as 222 registrations open was last modified: July 1st, 2022 by Rachel McLaughlin
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Rachel McLaughlin

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