Financial Morror
Small TextNormal TextBig TextSend to FriendRssPrint VersionBookmark this page
Cyprus car sales down in Dec, but higher overall in 2008

January 28, 2009


The total number of motor vehicles registrations in Cyprus during 2008 increased by 5.2%, but they registered a sharp decline in December, according to the Statistical Service of Cyprus. 

According to a report issued by the Service entitled ''Registration of Motor Vehicles'' for the period January - December 2008, the total number of motor vehicles registered in 2008 was 67.722 in comparison with 64.405 in 2007 for a 5.2% gain. 

Out of these, 34.895 were new and 32.827 were used vehicles.

The report indicates that the private saloon cars increased by 2.0% in 2008, to 49.100 from 48.133 in 2007, whereas used private saloon cars registered in 2008, reached 26.859 or 54.7% of total saloon car registrations, while new private saloon car registrations were 22.241 or 45.3% of the total.

At the same time, self-drive car registrations decreased by 12.1% to 2.216 in 2008, compared to 2.520 in 2007.

With regards to goods conveyance vehicles, the report of the Statistical Service notes that they increased by 21.4% to 8.680 in 2008, compared to 7.149 in 2007.

As it concerns mechanised cycles registrations, those increased by 13.4% to 6.190 in 2008, from 5.457 in 2007.

According to the report, EU countries were the main suppliers of motor vehicles to Cyprus in 2008 as EU accounted for 56.9% of total vehicle registrations, while Japan’s share fell to 30.0%.

In December, the number of registrations were 3938, down 10% month-month from November.

Latest Videos

Weekly commentary on markets by Barclays Wealth analyst Henk Potts
Περισσότεροι άνθρωποι υιοθετούν το "κινητό διαδί...
Electricity Authority of Cyprus solar thermal plant to cost 300 mln euros
Limassol Marina, the €350 mln leisure project, starts selling holiday homes

Research Center


Cyprus Economy

All you need to know about Cyprus economy...

Cyprus Stock Exchange

Results, analysis, statistical data on Cyprus Cmas travel prices nightmare CSE listed...

Investment Tips

Hot tips on international Cyprus Christmas travel prices nightmare. stocks & FX trading.Hot tips on ...

Advertisement