Overview Of Registration Trends

Vehicle registrations in Cyprus reached 4,670 units in February 2026, an increase of 24.3% compared with 3,757 registrations in February 2025, according to data released by the Statistical Service.

Passenger Vehicle Market Expansion

Growth was also recorded in the passenger vehicle segment. Registrations of saloon cars rose by 23.8% year on year, increasing from 2,908 to 3,600 units. During the January–February 2026 period, total vehicle registrations reached 9,020, representing a 15.1% increase compared with 7,834 registrations during the same period in 2025.

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Analysis Of New Versus Used Sales

Within the passenger vehicle category, saloon registrations increased by 13.7% to 6,917 vehicles, compared with 6,084 a year earlier. Of these vehicles, 2,401 units (34.7%) were new, and 4,516 units (65.3%) were used.

Trends In Fuel And Hybrid Technology

Fuel type data show changes in the composition of vehicle registrations. Gasoline-powered vehicles accounted for 36.2% of registrations, down from 41.6% a year earlier.

Diesel vehicles represented 8.9% of registrations compared with 9.2% in the previous year. Electric vehicles accounted for 5.2% of registrations, compared with 5.3% previously.

Hybrid vehicles represented 49.6% of registrations during the period, compared with 43.9% in the corresponding period of 2025.

Commercial And Specialty Vehicle Segments

Other vehicle categories also recorded changes in registration volumes. Bus registrations increased from 20 to 44 units. Freight vehicle registrations rose by 26.2%, increasing from 915 to 1,155 during the January–February period. Rental vehicles increased by 88% to 47 units. Heavy trucks rose by 67.4% to 149 units, while road tractor units increased by 42.9% to 40. Light truck registrations increased by 18.9% to 919 units. Motorcycles with engines under 50 cc declined from 49 to 15 units, while motorcycles above 50 cc increased by 14.7% to 758 units.

Implications For The Market

The increase in vehicle registrations indicates continued activity in the Cypriot automotive market. Data also show a rising share of hybrid vehicles as well as growth across several commercial vehicle categories. These developments suggest changing consumer preferences and evolving demand within the transport sector. Higher registration volumes in freight vehicles, rental fleets and heavy trucks also reflect increased activity in business transportation and logistics.