New Car Sales in Tipperary Show Resilience Amidst Shifting Market Landscape

The automotive industry in Tipperary is off to a strong start this year, with new car sales soaring 15% higher in January as compared to the same period last year. According to the latest data, a total of 891 new cars were sold, marking a significant increase from the 774 units sold in January 2022.

Digging deeper into the numbers, petrol-engined cars accounted for 282 sales, while an identical number of diesel-powered vehicles were registered with a 241 T tag. Interestingly, fully electric car sales witnessed a decline of over 22%, with only 59 units sold in the past month compared to the previous year.

Despite this drop in electric vehicle sales, the overall market share for electric cars stood at a commendable 12% nationwide. However, the scene was slightly different in Tipperary, where electric vehicles comprised just under 7% of total sales.

These figures reflect the dynamic nature of the automobile market, which is continuously evolving with changing consumer preferences and external factors such as the ongoing pandemic. As Brian Cooke, the Director General of the Society of the Irish Motor Industry, highlights, the industry has generated more than €1 billion in sales across the country.

Although the 15% growth in new car sales indicates a positive trend, it is important to consider that the market is still slightly behind the pre-pandemic levels of 2019. Nonetheless, the resilience demonstrated by the automotive sector in Tipperary is an encouraging sign for dealers, manufacturers, and industry stakeholders as they navigate the challenges of an uncertain future.

In conclusion, the surge in new car sales in Tipperary emphasizes the ongoing recovery of the automotive market in Ireland. While the rise in petrol and diesel car sales is notable, the dip in electric vehicle sales serves as a reminder of the complexities faced by the industry. As consumer preferences continue to shift and technology advances, stakeholders in the automotive sector must adapt to these changes to ensure sustained growth and success in the years to come.

An FAQ Section Based on the Article:

1. Q: What was the growth percentage in new car sales in Tipperary in January 2023 compared to January 2022?
A: New car sales in Tipperary grew by 15% in January 2023 compared to the same period last year.

2. Q: How many new cars were sold in Tipperary in January 2023?
A: A total of 891 new cars were sold in Tipperary in January 2023.

3. Q: What were the sales figures for petrol, diesel, and electric vehicles in January 2023?
A: Petrol-engined cars accounted for 282 sales, diesel-powered vehicles for 241 sales, and electric car sales witnessed a decline with only 59 units sold.

4. Q: What was the market share for electric cars nationwide and in Tipperary?
A: Nationwide, electric cars had a market share of 12%, but in Tipperary, they comprised just under 7% of total sales.

5. Q: How much sales revenue has the automotive industry generated in Ireland?
A: The automotive industry has generated more than €1 billion in sales across the country.

Definitions:
New car sales: The number of newly registered cars sold in a given period.
Petrol-engined cars: Cars powered by internal combustion engines that run on petrol or gasoline.
Diesel-powered vehicles: Vehicles powered by internal combustion engines that run on diesel fuel.
Electric car sales: The number of newly registered cars powered by electricity that are sold in a given period.

Related Links:
ACEA – The European Automobile Manufacturers’ Association represents the interests of the 15 European car, truck, bus and van manufacturers at EU level.
Society of the Irish Motor Industry (SIMI) – The official voice of the motor industry in Ireland, representing car franchised dealerships, commercial vehicle dealerships, and specialist dealerships.