Insider Business Motor vehicle sales rise for fifth consecutive year

Motor vehicle sales rise for fifth consecutive year

Motor vehicles sales in Cyprus rose by 13.3% in 2018 marking the fifth consecutive annual increase since 2014.

According to data released by the Cyprus Statistical Service (Cystat), total new registrations of motor vehicles reached 49,450 in 2018 compared to 43,640 the year before, reaching the highest point in the last ten years.

Sales of passenger saloon cars rose by 12.8% in 2018 amounting to 40,683 cars compared with 36,067 in 2017. Of the total saloon cars sold 32% or 13,126 were new and 68% or 37,557 were second hand, Cystat added.

Goods transportation vehicles sales increased by 20% amounting to 5,275 in 2018 compared to 4,396 the year before. According to Cystat light commercial vehicles rose by 21.1% to 4,525 in 2018 compared to 3,738 in 2017.

Heavy trucks sales rose by 33.1% to 543 in 2018 compared to 408 the year before. Tow trucks sales declined by 17.2% in 2018 to 207 from 250 the year before.

Scooter sales increased by 20.9% to 307 in 2018 from 254 the year before, whereas motorcycle sales rose by 4.4% in 2018 to 2,542 compared to 2,435 in 2017.

Bus sales amounted to 211 in 2018 from 200 in 2017.

The EU was Cyprus main car suppliers with a share of 56.6% followed by Japan with 29.3%, Cystat added.

(Cyprus News Agency)

Top Stories

160 new cases of COVID-19 on Friday

The Health Ministry announced 160 new COVID-19 cases on 23 October, out of 4,327 laboratory tests, taking confirmed infections to 3,314. The break-down of new...

Health Ministry insists there is confirmed case among American Center staff

The Health Ministry replied to the denial of the American Medical Center regarding a confirmed case among its staff. In an announcement the Ministry noted...

Health Ministry replies to accusation about delay of the tracing unit

The tracing unit contacts the persons who have tested positive to COVID-19 as soon as it is informed by the relevant laboratories and the...

Professor of Microbiology concerned about asymptomatic patients

Dr Petros Karayiannis, Professor of Microbiology/Molecular Virology at the University of Nicosia Medical School, has expressed concern over the great number of private hospitals,...

30-year-old missing for seven months (PHOTO)

Police are looking for 30-year old NAKITA YASMEEN from the United Kingdom, whose traces have been lost since March 2020. Yasmeen’s disappearance was today...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...