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Hybrid Cars Increase From 26.6% To 37.3% Of Total In January-May 2024

by THEFUTURE.TEAM

The share of hybrid cars rose from 26.6% to 37.3% during the period of January-May 2024, compared to the same period of 2023, according to Cystat.

At the same time, the share of petrol-powered passenger cars dropped to 49.3%, from 60.8% in the corresponding period of 2023.

The total registrations of motor vehicles during this period increased by 22.1% to 21,881, from 17,927 in January-May 2023.

Passenger saloon cars increased to 17,176 from 14,434 in January-May 2023, recording a rise of 19%. Of the total passenger saloon cars, 7,374 or 42.9% were new and 9,802 or 57.1% were used cars. Rental cars in particular recorded a fall of 29.4% to 1,860.

The share of petrol-powered passengers’ cars to the total of this category of vehicles decreased in January-May 2024 to 49.3% (from 60.8% in the corresponding period of the preceding year) and that of diesel-powered cars to 10% in 2024 from 10.6% in 2023. On the other hand, the share of electric cars rose from 2.1% in 2023 to 3.4% in 2024 and of hybrid cars from 26.6% to 37.3%.

Motor coaches and buses registered in January-May 2024 decreased to 83, from 115 in the same period of 2023. Goods conveyance vehicles increased by 42.6% to 2,471 in January-May 2024, compared to 1,733 in January-May 2023. In particular, light goods vehicles increased by 46.1% to 1,955, heavy goods vehicles by 35.3% to 291, road tractors (units of trailers) by 70.4% to 92 and rental vehicles by 5.6% to 133.

Mopeds of less than 50cc registered in January-May 2024 increased to 381 compared to 61 in the corresponding period of the previous year. Motorcycles over 50cc increased by 7.7% to 1,479 in January-May 2024, compared to 1,373 in the same period of 2023.

In May 2024, the total registrations of motor vehicles numbered 4,292, recording a decrease of 9.6% compared to 4,747 in May 2023.

Passenger saloon cars registered a decrease of 14.5% to 3,325, from 3,888 in May 2023.

Record: One In Every $10 Spent Worldwide Is On Travel

by THEFUTURE.TEAM

A record $1 in every $10 spent globally in 2024 will be on travel, according to the World Travel and Tourism Council’s (WTTC) annual report.

KEY FACTS

  • The travel and tourism industry’s contribution to global gross domestic product is expected to reach a new record as consumers view travel as an increasingly essential part of their budget.
  • The WTTC forecasts that the industry’s contribution to global GDP this year will increase by 12.1% year-on-year to $11.1 trillion. dollars, which represents 10 percent of the world’s gross domestic product.
  • Travel spending in the US, Chinese and German economies is expected to contribute the most to GDP.
  • The sector will support nearly 348 million jobs in 2024, or 13.6 million positions more than in 2019 – the previous record before the pandemic. The industry is still hiring to fill positions in the fast-growing field.

IMPORTANT QUOTE

“Despite some concerns last year about us entering a global recession and accelerating inflation, this year we believe travel and tourism are a real economic force globally,” said the NGO’s chief executive Julia Simpson, quoted by Reuters.

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