Decline in Vehicle Registrations in Cyprus for December

According to data released by the statistical office on Friday, the overall number of motor vehicle registrations in Cyprus fell in December, attributed to a decrease in demand for passenger cars.

Registrations fell by 5.3 percent compared to the previous year, totaling 2,836 vehicles. Sales of passenger cars saw a decline of 16.9 percent.

From January to December, total registrations increased by 9.1 percent, reaching 38,410 units. Sales of passenger cars saw a rise of 4.9 percent.

The proportion of petrol-powered pas