Motor vehicles registrations up 27.9% during January to July

16:00 - 08 August 2023

Economy Reporter

Total registrations of motor vehicles increased by 27.9% to 26,462 in January-July 2023, from 20,685 in January-July 2022, according to data published by CySTAT.

Passenger saloon cars increased to 21,178 from 16,427 in January-July 2022, recording a rise of 28.9%. Of the total passenger saloon cars, 9,231 or 43.6% were new and 11,947 or 56.4% were used cars.

Rental cars in particular recorded a rise of 37.7% to 3,962. Motor coaches and buses registered in January-July 2023 increased to 211, from 47 in the same period of 2022. Goods conveyance vehicles increased by 11.5% to 2,512, compared to 2,252 in January-July 2022. In particular, light goods vehicles increased by 7.9% to 1,955, heavy goods vehicles by 33.5% to 307, road tractors (units of trailers) by 51% to 74 and rental vehicles by 9.3% to 176.

Mopeds < 50cc registered in January-July 2023 decreased to 162 compared to 179 in the corresponding period of the previous year. However, mechanised cycles > 50cc increased by 33.8% to 2,090 in January-July 2023, compared to 1,562 in January-July 2022.

In July 2023, the total registrations of motor vehicles numbered 4,441, recording an increase of 48.6% compared to 2,988 in July 2022. Passenger saloon cars registered a rise of 53.8% to 3,578, from 2,326 in July 2022.

(Source: CNA)

Motor vehicles registrations up 27.9% during January to July

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