Hybrid, electric cars gaining traction

Cypriot motorists are switching to greener cars as registrations of hybrid, and electric cars reached an all-time high in 2022. According to data released by the European Automobile Manufacturers Association (ACEA), total


Annual car sales lowest since 2015

In 2022 car sales reached their lowest ebb for seven years as sales continued to drop for a fourth consecutive year because of growing uncertainty during the pandemic and the aftermath of

New electric car scheme launched

The Transport Ministry is launching the second phase of a €30 mln incentive scheme to encourage motorists to go electric in the coming months. Rollout of the 2022-2023 plan comes after phase


Car sales at lowest ebb since 2015

Sales of passenger saloon cars in the first 10 months dropped to their lowest level since 2015, according to data released Tuesday. The energy crisis, rising pump prices, and long delays in

August saloon car sales jump 12%

Total registrations of motor vehicles reached 2,484 in August 2022, recording an increase of 8.1% from 2,298 a year ago, according to the Statistical Service. Passenger saloon car sales rose by a


Delays in delivery hinder car sales

Sales of new cars have slowed on the island and the European Union, as the industry is having trouble delivering to customers due to supply chain shocks. Buyers are unwilling to place

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