Facebook Linked In Twitter

Natasa Pilides: Deputy Ministry of Shipping to Build a Strong Policy and Strategy Department

Anastasiades Ready to Resume Cyprus Talks



Motor Vehicle Registrations Increase by 29.1%

Motor Vehicle Registrations Increase by 29.1%

Total vehicle registration was up by 29.1% in 2017 compared to 2016, according to data released by the Cyprus Statistical Service. The registrations of motor vehicles increased to 43,640 in January-December 2017, compared to 33,805 vehicles in the same period of 2016.

At the same time saloon cars increased to 36,067, from 27,956 in 2016, also recording an increase of 29%. 13,118 saloon cars or 36.4% were new and 22,949 or 63.6% were used.

Coaches and buses registered in 2017 increased to 200, up from 133 in the previous year.

Goods conveyance vehicles were also up by 43.1% to 4,396 in 2017, compared to 3,072 in 2016.

Light goods vehicles increased by 44.6% to 3,738 in 2017, up from 2,585 in 2016. Heavy goods vehicles also increased by 37.4% to 408 in 2017, from 297 in the previous year. Tractors or trailer units increased by 31.6% to 250 in 2017, from 190 in 2016.

Mopeds < 50cc increased by 32.3% to 254 in January-December 2017, compared to 192 in January-December 2016. Motorbikes > 50cc increased by 5.7% to 2,435 in 2017, compared to 2,303 in 2016.

EU member countries were the main suppliers of motor vehicles in Cyprus during 2017. The EU accounted for 58.1% of the total registrations, while Japan΄s share stood at 28.5%.

To view the full Statistical Service report click here.


Economic Forecast: The View from the Ministries

Alpha Bank Cyprus Ltd presents the 8th Nicosia Economic Congress on 17 April 2018 at the ...

Strange Procedures in the Sale of Cyprus Popular Bank Stake to Lombard

The procedure of selling one of the most important assets left over to Cyprus Popular ...

Employment Increases by 3.2% in Q4 2017

Total Employment for the 4th quarter 2017 is estimated to be 398,312 persons, of which ...



Women Fit for Business Program: a Collaboration between EY Cyprus and AIPFE Cyprus

Last April, EY Cyprus joined forces with AIPFE Cyprus-Women of Europe to launch Women Fit for Business (WF4B), a program geared towards ...

Annual Inflation Down to 1.1% in the Euro Area

Euro area annual inflation rate was 1.1% in February 2018, down from 1.3% in January. In February 2017, the rate was 2.0%. European Union annual inflation was ...

Guinness Calling on People to Get Together on St. Patrick’s Day

Guinness, the iconic black and white stout, has an intrinsic link to St. Patrick’s Day. Both are steeped in heritage, but more importantly Guinness ...

Toys R Us to Close All US Stores

Toys R Us will close or sell all its 885 stores in the US after failing to find a buyer, putting about 30,000 jobs under threat. Chief executive Dave ...

Economic Forecast: The View from the Ministries

Alpha Bank Cyprus Ltd presents the 8th Nicosia Economic Congress on 17 April 2018 at the Hilton Park Hotel in Nicosia. The Congress is organised by Gold ...

iSPIRAL Sponsors the Cyprus Anti -Fraud Conference

iSPIRAL sponsored the Cyprus Anti - Fraud Conference that took place at Hilton Park Hotel on March 14. It was an event aiming to enhance the ...

Authorities have Second Thoughts on Lombard Sale Process

The process of selling the stake controlled by Cyprus Popular Bank to the Maltese systemic bank Lombard, seems to have alarmed the Cypriot Authorities. ...

Technical Committee on NPLs to be Established

The establishment of a technical committee of experts which will review the problem of non-performing loans (NPLs) in Cyprus and draft a number of proposals on ...