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

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Car sales dip as demand stays high

Cyprus car dealers are coming to terms that the market is frozen, with no prospect of rebooting until the end of the year, as vehicle sales plummet due to a hold up

Summer sales save retailers at malls

Retailers at Cyprus malls are delighted as visits and turnovers are almost 20% higher than those recorded in pre-coronavirus 2019, following more than two years of restrictions. In comments to news site

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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Vehicle sales jumped 28% in May

In May, the total registrations of motor vehicles rose 28.2% annually, although, for the first five months of the year, the trend was downward. According to the Statistical Service on Wednesday, registrations

Car sales plunge 80% since 2019

Car dealers are frustrated with their turnover as they are forced to sit back helpless and watch the market crumble. According to the Cyprus Statistical Services data, passenger saloon cars registered in

January car sales plunge 21%

Motor vehicle sales began the new year with a sharp annual decline as total registrations in January dipped 23.3% to 2,633, the Cyprus Statistical Service said. Passenger saloon cars, which represent the

Only 39.8% of 2021 car sales were new

Vehicle registrations dipped by an annual 11.8% in 2021 to 34,716 from 39,367 the year before, and under 40% of saloon cars sold were new. According to the Statistical Service (CyStat), the

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