Demand for cars ‘resilient’
The new-vehicle market recorded a solid increase in April 2026 with 9,864 registrations, which was up by 11.7 per cent year on year.
The Motor Industry Association (MIA) reports growth was driven by stronger activity in the light-passenger segment, which climbed by 16.9 per cent. Light commercials were broadly flat, up by 0.5 per cent, and heavy commercials eased slightly, down by 0.3 per cent.
The results reflect continued resilience in light-passenger demand across private and business purchasers although performance across segments remains uneven.
On a year-to-date basis, registrations reached 46,688 units, up by 12.9 per cent compared with 41,365 over the same period in 2025.
This cumulative result points to sustained underlying demand with a gradual shift in mix towards cars. While monthly outcomes can vary, the year-to-date trend indicates stable expansion across the industry.
Aimee Wiley, pictured, chief executive of the MIA, says April’s results reflect a continuation of steady growth as the market maintains a clear lead on a year-to-date basis.
“Passenger vehicles are driving much of the increase, while commercial segments are showing more moderate movement,” she adds. “At the same time, broader economic conditions are becoming more complex, contributing to more varied performance across segments. Overall, the industry remains stable with demand holding at consistent levels.”
Battery electric and plug-in hybrid vehicles increased their share of registrations in April, accounting for 11.1 and 11.9 per cent respectively.
“Together, these vehicles represented just under one-quarter of total registrations, remaining well above levels observed in prior periods and indicating a continued shift in the overall fleet mix,” says Wiley.
“This follows the stronger movement observed in March although the pace of increase has moderated, suggesting a more measured pattern of demand across electrified segments.
“Hybrids continue to maintain a significant presence while internal-combustion vehicles remain the largest component of registrations, although their share has declined relative to prior periods.”
The bigger picture
Wiley says: “Recent economic assessments indicate elevated fuel costs and associated increases in transport and operating expenses are contributing to tighter household and business budgets, influencing discretionary spending and investment decisions.
“Fuel prices are expected to remain above levels seen in recent years, adding to vehicle running costs and broader inflationary pressures.
“At the same time, consumer and business confidence has softened. Households continue to face cost-of-living constraints, while businesses are adopting a more cautious approach to hiring and investment. While migration remains supportive of underlying demand, the near-term environment is characterised by tighter financial conditions and more measured spending patterns.
“The new-vehicle market expanded in April, supported by growth in passenger vehicles. Year-to-date results confirm a stable pattern of expansion across the industry. While economic conditions are becoming more challenging, overall demand remains consistent.”
