Motor vehicle sales rise for fifth consecutive year
Motor vehicles sales in Cyprus rose by 13.3 per cent in 2018 marking the fifth consecutive annual increase since 2014.
According to data released by the Cyprus Statistical Service (Cystat), total new registration of motor vehicles reached 49,450 in 2018 compared with 43,640 the year before, reaching the highest point in the last ten years.
Sales of passenger saloon cars rose by 12.8 per cent in 2018 amounting to 40,683 cars compared with 36,067 in 2017. Of the total saloon cars sold 32 per cent or 13,126 were new and 68 per cent or 37,557 were used, Cystat added.