Malta-licensed vehicle numbers further grow by 3.3% in Q2

Published by
Manfredi Bertelli

The stock of Malta-licensed motor vehicles stood grew by 3.3% to 391,914 in the second quarter of the year, over the same period in 2018, according to a press release published by the National Statistics Office (NSO). 

Out of the total, 77.6% were passenger cars, 13.6% were commercial vehicles, 7.6% were motorcycles/quadricycles and AllTerrain Vehicles (ATVs), while buses and minibuses amounted to less than 1%. 

During the second quarter of the year, the stock of licensed vehicles increased at a net average rate of 45 vehicles per day, reaching an average of 82 newly-licensed vehicles per day.

Furthermore, newly-licensed vehicles put on the road during the period under review amounted to 7,439. The majority of the newly-licensed vehicles, 5,272 (70.9%) were passenger cars, followed by motorcycles with 1,116 (15%). 

Newly-licensed new motor vehicles amounted to 3,670 (49.3%), while newly-licensed used motor vehicles totalled 3,769 (50.7%).

During the second quarter, 7,503 vehicles were taken off the roads due to a restriction. Out of these, 34.3% were put for resale, 32.4% were scrapped, while 31.1% were garaged. 

Moreover, vehicles that had their restriction ending during the second quarter totalled 4,170. The majority were recorded as having been put for resale (60%) or garaged (39.1%).

In addition, 234,822 vehicles or (59.9%) were petrol-powered engines. Diesel-powered vehicles reached 152,266 or (38.9) while electric and hybrid vehicles accounted for 0.8% of the entire stock, with a total of 3,280. 

The complete report with charts and tables is available for download at the NSO website.

Manfredi Bertelli

Manfredi used to be a junior journalist working with Business Malta, the predecessor of Malta Business Weekly's online platform. He enjoys putting his creativity into his writing and is committed to learning new styles to strengthen his skills and embellish his flair.

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