Official new vehicle registration statistics for 2020.
Official New Vehicle Registration for 2020 has been released by SIMI (Society of the Irish Motor Industry). The figures show a decline of 25% on 2019 figures. Vehicle registration figures are now at recession levels, this is due to COVID-19 and Brexit.
How COVID-19 impacted the figures
Level Five restrictions are forcing dealerships to change the way they operate, which are now offering click and collect/delivery services. A lot of dealerships now focusing their efforts on online sales, ensuring their websites are giving the user the best experience. Although this is positive, the trade-in valuation procedures have now changed too.
Get Your Free Valuation online now.
Electric vehicles sold in Ireland
It comes as no surprise that the electric vehicle segment improves again this year. With more options now available, a better driving range and a more competitive price point, the electric vehicle range is becoming more popular. 4,013 new electric cars were registered in 2020 in comparison to 3,444 in 2019.
- The hatchback remains Ireland’s top-selling car body type of 2020.
- Grey is the top-selling colour - Five years in a row
- Imported Used Cars saw 79,969 registrations in 2020, a decrease of 29.8% on 2019 (113,926).
Read The Full 2020 Report online today.