Registrations of motor vehicles up 34.6% yoy January-November '23

15:55 - 08 December 2023

Economy Reporter

Total registrations of motor vehicles increased by 34.6% to 42,500 in January-November 2023, from 31,584 in January-November 2022, according to data published by CySTAT.

Passenger saloon cars increased to 34,140 from 24,902 in January-November 2022, recording a rise of 37.1%.

According to CySTAT, of the total passenger saloon cars, 13,894 or 40.7% were new and 20,246 or 59.3% were used cars.

Rental cars in particular recorded a rise of 38.7% to 5,393.

Motor coaches and buses registered in January-November 2023 increased to 306, from 84 in the same period of 2022. Goods conveyance vehicles increased by 15% to 4,100 in January-November 2023, compared to 3,564 in January-November 2022. In particular, light goods vehicles increased by 11.3% to 3,198, heavy goods vehicles by 41.8% to 499, road tractors (units of trailers) by 80% to 144 and rental vehicles by 0.4% to 259.

Mopeds < 50cc registered in January-November 2023 increased to 305 compared to 237 in the corresponding period of the previous year. Motorcycles > 50cc increased by 28.5% to 3,151 in January-November 2023, compared to 2,452 in the same period of 2022.

In November 2023, the total registrations of motor vehicles numbered 3,997, recording an increase of 58.5% compared to 2,522 in November 2022. Passenger saloon cars registered a rise of 74.6% to 3,243, from 1,857 in November 2022.

(Source: CNA)

Registrations of motor vehicles up 34.6% yoy January-November '23

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