The Cyprus Statistical Service has reported a strong upward trend in vehicle registrations for the January–October 2025 period. Total registrations reached 44,732 units—up from 42,930 in the corresponding period of 2024—marking an annual increase of 4.2%.

October Surge Highlights Market Dynamism

In October 2025 alone, motor vehicle registrations climbed to 4,520, a 9.9% rise compared to October 2024 (4,111). Notably, new passenger cars experienced an 11.7% increase, with 3,457 units registered compared to 3,096 during the same month last year.

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Passenger Cars: 4% Growth Amid the Rise of Hybrids

Over the ten months, registrations of passenger cars increased by 4.0%, reaching 34,782 units from 33,440 in 2024. Of these vehicles, 12,954 (37.2%) were new entries while 21,828 (62.8%) were pre-owned. Meanwhile, rental vehicles surged by 33.8%, totaling 4,866 units.

Transition Toward Cleaner Technologies

The data reveals a significant shift in consumer preferences. The market share of gasoline-powered vehicles declined to 42.5% from 49.5%, while diesel-powered units decreased to 8.6% from 10%. Conversely, hybrid registrations escalated to 44.1% from 36.7%, and electric vehicles rose to 4.8% from 3.8%. This transformation underscores a move toward sustainable transportation practices in Cyprus.

Growth in Commercial Vehicle Segments

Registrations of trucks increased by 6.6% over the same period, reaching 5,142 units compared to 4,823 last year. An analysis by category shows that light trucks accounted for a 6.6% increase (4,111 units), heavy trucks grew by 3.1% (594 units), rental trucks jumped 23.3% (238 units), while trailers remained steady (199 units). Additionally, bus registrations experienced an uptick, climbing to 167 units from 125 the previous year.

Motorcycle and Moped Registrations: Diverging Trends

Registrations for motorcycles exceeding 50cc surged by 17%, reaching 3,916 units compared to 3,348 last year. In contrast, moped registrations below 50cc declined significantly from 627 to 190 units.

Conclusion: A Market in Transition

Overall, the upward trajectory in new vehicle registrations, coupled with the notable rise in hybrid and electric vehicle uptake, confirms that the Cypriot automotive market remains robust. These trends signal a strategic pivot toward more sustainable transportation solutions, even as the broader economic landscape presents ongoing challenges. For further insights on the shift to advanced mobility technologies, visit the Electromobility coverage.