Vehicle registrations up 11.5% in first ten months of year

Total registrations of vehicles increased by 11.5% to 42,930 in January-October 2024, from 38,503 in January-October 2023, according to Cystat.

Passenger saloon cars increased to 33,440 from 30,897 in January-October 2023, recording a rise of 8.2%. Out of the total passenger saloon cars, 13,308 or 39.8% were new and 20,132 or 60.2% were used cars. Rental cars in particular recorded a drop of 29.5% to 3,637.

The share of petrol powered passenger cars to the total of this category of vehicles decreased in January-October 2024 to 49.5%, from 58.9% in the corresponding period of the preceding year and that of diesel powered cars to 10% in 2024 from 10.1% in 2023. On the other hand, the share of electric cars rose from 2.6% in 2023 to 3.8% in 2024 and of hybrid cars from 28.3% to 36.7%.

Coaches and buses registered in January-October 2024 decreased to 125, from 279 in the same period of 2023. Goods conveyance vehicles increased by 31.2% to 4,823 in January-October 2024, compared to 3,676 in January-October 2023. In particular, light goods vehicles increased by 34.2% to 3,855, heavy goods vehicles by 29.7% to 576, road tractors (units of trailers) by 57.9% to 199, while rental vehicles decreased by 17.5% to 193.

Mopeds < 50cc registered in January-October 2024 increased to 627 compared to 263 in the corresponding period of the previous year. Motorbikes > 50cc increased by 14.4% to 3,348 in January-October 2024, compared to 2,927 in the same period of 2023.

In October 2024, the total registrations of motor vehicles numbered 4,111, recording a decrease of 2.7% compared to 4,223 in October 2023. Passenger saloon cars registered a fall of 8.9% to 3,096, from 3,398 in October 2023.

(Source: CNA)