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new cars

July sees big jump in licensing of new vehicles in Ireland

Over 76,300 new private cars were licensed in the first seven months of this year.

THE NUMBER OF new vehicles registered for the first time jumped by half in July compared to July 2013.

New CSO figures show a 50.8% increase in the licensing of private cars to 14,037 vehicles last month, and a 65.7% increase in new goods vehicles licensed.

Overall, 49.1% more new vehicles were licensed in Ireland in July 2014 compared to last year.

An increase was also recorded for new motorcycles and exempt vehicles, while fewer new tractors were licensed last month than in July 2013.

For the first seven months of this year, 76,317 new private cars were licensed – an increase of 29.8% on the same period of last year.

Vehicles licensed 2014 CSO CSO

Classified by make, Ford had the highest number of new private cars licensed, at 1,596. Volkswagen had 1,590, Toyota 1,572 and Hyundai 1,465.

There was also an increase in the number of used cars being licensed for the first time in Ireland, up 6.4% to 4,879 in July 2014. Used good vehicles licensing rose by 8.5% to 751 vehicles.

Read: Austerity is driving up (some) consumer prices >

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