April New Car Registrations up 14%; Electric Vehicles power ahead 

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The Society of the Irish Motor Industry  – SIMI – has  released their official 231 new vehicle registrations statistics for April.

New car registrations for the month of April were up 14% (8,941) when compared to April 2022 (7,857). Registrations year to date are up 16.0% (67,018) on the same period last year (57,762).

Light Commercial vehicles (LCV) are up 33.3% (2,153) compared to April last year (1,615) and year to date are up 25.3% (13,734). HGV (Heavy Goods Vehicle) registrations are also showing an increase of 35% (243) in comparison to April 2022 (180). Year to date HGV’s are up 41.0% (1,207).

Imported Used Cars seen a 9.1% (3,839) decrease in April 2023, when compared to April 2022 (4,222). Year to date imports are up 2.8% (16,312) on 2022 (15,861).

For the month of April 1,870 new electric vehicles were registered compared to 1,280 in April 2022 (+46.1). So far this year 11,164 new electric cars have been registered in comparison to 7,515 (+48.6%) on the same period 2022. 

Electric Vehicle and Plug-in Hybrids and Hybrids continue to increase their market share, with a combined market share now of 42%. Petrol continues to remain dominant 32.85%, with Diesel accounting for 22.34%, Hybrid 17.44%, Electric 16.66% and Plug-in Electric Hybrid 7.90%.

Brian Cooke, SIMI Director General commenting:
“April’s new car registrations show a 14% increase on the same month last year, while year to date registrations are 16% ahead of 2022, but still remain 8% behind that of pre-COVID 2019. Commercial vehicle registrations both the heavy and light sectors, demonstrated strong growth for the month of April. Electric vehicle sales continue to power ahead with 1,870 new electric vehicles registered in April and 11,164 registered so far this year, a 49% increase on the same period 2022. The Electric Vehicle share of the new car market has increased each month this year, with sales for the month of now April representing over 20% of the market. The momentum behind new EV sales is clearly there, but we need to continue to incentivise EV purchases if we want to continue the growth in the new EV market share, but also to create an active used EV market.” 

Meanwhile, the Motor Industry encourages women to get involved and help make a difference. The Society of the Irish Motor Industry hosted its 8th annual Women@SIMI event in conjunction with its sponsor Bank of Ireland, in the Conrad Hotel Dublin 2.

The event was attended by over 170 professional women from a variety of different sectors within the Motor Industry in Ireland. Delivering an impressive panel of guest speakers, Mary KennedyMaster of Ceremonies welcomed Louise Grubb CEO of Trivium Vet, a serial life science entrepreneur, with a track record in founding successful businesses. Along with Norah Casey, award winning TV and broadcast journalist, entrepreneur, and human rights campaigner.

Antonia Hendron President of SIMI addressing attendees “It’s wonderful to see so many successful women here from different sectors of our Industry. Our Industry is an area where female employee have been historically under-represented, and I am pleased to say this is changing. The SIMI’s Management board has changed in composition with a representation of six female leaders now sitting at the boardroom table and I am honoured to stand before you today as your President.”

Ms. Hendron remarked that events like Women@SIMI are important to create a space where professional women can have the opportunity to network and learn from each other as well as hearing from other successful people of different backgrounds and industries.

Reflecting on her own experience Antonia commented “By being forced out of my comfort zone, it has led me to meet and make some incredible connections and friends from across the Motor Industry.” She also encouraged attendees to make a difference and help shape the industry’s direction by getting involved with the Society.

Guest Speaker Louise Grubb, remarked on the importance of innovation, thinking outside of the box to create new opportunities, encouraging your team to express themselves, while been prepared to pivot when the road ahead changes, but above all don’t be afraid to take that opportunity to start in the first place.

Guest Speaker Norah Casey,It’s not what I did in my life that changed me, it’s what life did to me. Negativity can propel you, but look inside yourself and you will find the resilience to move forward. Don’t be afraid to create something new and different. There is a women’s agenda around cars that needs to be articulated, there needs to be a strategy about it, because it is incredibly important to us. There is no public transport that replaces the safety that cars give to women.

Derek McDermott Managing Director of Bank of Ireland Finance commented “We are making good strides for women in both the Motor and Banking industries. Bank of Ireland was the first Irish bank to publish a Gender Pay Gap Report in 2020 which highlights the percentage difference between what men and women are paid on average. This year, the Bank introduced a menopause support policy that includes paid leave. This will help us continue to build a work environment in which everyone is treated with fairness, dignity, and respect. These are really important initiatives, but I would argue that there is still a long way to go in the whole area of gender diversity and in ensuring that there are strong opportunities for women across both industries. ‘Women@SIMI’ represents an important event for women in the Motor Industry and one we are very proud to sponsor.”