New car registrations declined slightly last year despite a surge in used vehicle imports. Electric vehicle sales also fell, although they still held a significant market share. Petrol and diesel cars maintained their dominance, while hybrid vehicles witnessed a rise in popularity.
The number of new cars licensed for the first time fell last year marginally, even as imports of used vehicles surged compared to the previous year.
The CSO figures showed petrol and diesel cars combined largely maintained their market share during the year, reducing by 1 per cent to 54 per cent. But the number of electric cars licensed for the first time fell 24 per cent year on year, with hybrid vehicles growing in popularity. Still, electric vehicle sales were ahead of 2022 figures, when they accounted for 15 per cent of the market but recorded a lower sales volume of just over 15,000 vehicles.
NEW CARS USED CARS ELECTRIC VEHICLES HYBRID VEHICLES MARKET SHARE
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