With the Clean Car Discount gone, it’s no surprise that petrol and diesel vehicle registrations surged in January 2024, comprising 96.2% of 12,173 units. 

Motor Industry Association (MIA) Chief Executive Aimee Wiley says that the January result of 12,649 units is comparable to the prior year, coming in 1.3% higher than January 2023 (12,481 units) but 6.2% lower than January 2022 (13,479 units).

The top three models for January were the Ford Ranger (1,470 units), followed by the Toyota Hilux (657 units), and the Mitsubishi Triton (330 units). 

The top three petrol or diesel passenger models in January were Mitsubishi ASX (438 units, 10% share), followed by Mitsubishi Outlander (421 units, 10% share) and Kia Seltos (310 units, 7% share).

The hybrid section had a successful January with the top three vehicles being the Toyota RAV4 (568 units, 24.0% share), followed by Toyota Highlander (297 units, 12.6% share) and Toyota Corolla Cross (242 units, 10.2% share).

With the Clean Car Discount gone, the Battery Electric Vehicle (BEV) segment saw a dramatic decline in registrations with a total of 244 last month,  compared with 1211 in January 2023.

The top three BEV models were the BYD SEAL (31 units, 12.7% share), followed by Tesla Model Y (25 units, 10.2% share) and Toyota BZ4X (23 units, 9.4%  share).

According to the MIA, the top 3 overall market leaders in January 2024 were Toyota with 20.4% market share (2,586 units), followed by Ford with 16.2% (2,047 units) and Mitsubishi with 11.7% (1,474 units). 

The January registrations breakdown saw Light Passenger register 8,120, Light Commercial 3,793 and Heavy Commercial 736.  

The total Industry by motive power for January included 274 BEVs (2.2% share), 202 PHEVs (1.6% share), 2,366 Hybrids (18.7% share) and 9,807 ICE vehicles (77.5% share).