Total vehicle registrations decline sharply in January 2022

Total motor vehicle sales began the new year with a sharp decrease with total registrations in January 2022 dropping to 2,633 marking an annual drop of 23.3% compared with January 2021.

Passenger saloon cars, which represent the bulk of the motor vehicles sales, dropped to 2,147 from 2,732 in January 2021, recording a fall of 21.4% year on year, the Statistical Service of Cyprus said.

Of the total passenger saloon cars, 1,111 or 51.7% were new and 1,036 or 48.3% were used cars, Cystat added.

Furthermore, goods conveyance vehicles decreased by 26.9% to 280 in January 2022, compared to 383 in January.

Scooters sales (motorcycles with engines up to 50cc) amounted to just 5 in January 2022 compared with 14 in the same month of last year, while motorcycles (with engines over 50cc) dropped by 32.6% to 174 in January 2022, compared to 258 in January 2021.