Key Market Indicators
DUBLIN — Irish vehicle registrations are projected to plummet to 47,000 units by 2028, down from 116,000 units in 2023, marking an average annual decline of 14.4%. The Irish automotive market has been on a downturn since 2010, experiencing an average yearly decrease of 5.2%. In the global rankings for 2023, Ireland stood at number 56, with New Zealand surpassing it with 116,000 units. Canada, China, and Austria secured the second, third, and fourth spots, respectively.