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Official statistics released by the Society of the Irish Motor Industry (SIMI) show that the total new car registrations for the month of October have fallen 11.2 per cent (1,725) when compared to the same period in 2017 (1,943). Registrations year to date are also down 4.4 per cent (124,809) on the same period last year (130,491).

The Government has allocated €13 million in funding to further incentivise the uptake of electric vehicles next year.

New car registrations for August were up 3.5 per cent (5,932) compared to last year (5,729), according to statistics released by the Society of the Irish Motor Industry.

Car sales figures for the month of July show 182 registrations are down 2.75 per cent (26,944) compared to July 2017 (27,707), according to statistics released by the Society of the Irish Motor Industry.

Volkswagen has announced that will be offering its customers car sharing services in future. It will start in Germany from next year., followed by an International rollout from 2020, initially in major cities in Europe, North America and Asia. The fleet will consist entirely of electric vehicles.

The bi-annual report which examines trends in the Irish motoring market finds that 61 per cent of motorists say their running costs have increased in the last 12 months, with 29 per cent stating they spend upwards of €250 per month on keeping their vehicle on the road.

Ireland is experiencing a significant growth in self-charging hybrid cars.

One thousand electric cars have been registered so far this year compared to 972 for all of 2017, according to the Minister for the Diaspora and International Development, Ciaran Cannon

New car registrations for the first quarter are down -5.5 per cent (71,805) compared to the first quarter of last year (75,982), according to the Society of the Irish Motor Industry.

New car registrations remain steady, but the market is still down by 3.47 per cent for the year-to-date, acording to the Society of the Irish Motor Industry.