Number of licensed motor vehicles rising by an average of 43 per day – NSO

Published by
The Malta Business Weekly

The number of licensed motor vehicles in Malta is increasing by an average of 43 per day, the latest statistics issued by the National Statistics Office show.

The latest release provides information as to the second quarter of 2021.

“At the end of June 2021, the stock of licensed motor vehicles stood at 408,205. Out of this total, 76.2% were passenger cars, 13.8% were commercial motor vehicles, 8.9% were motorcycles/quadricycles and All-Terrain Vehicles (ATVs), while buses and minibuses amounted to less than 1%. During the quarter under review, the stock of licensed motor vehicles increased at a net average rate of 43 motor vehicles per day.”

Newly licensed motor vehicles put on the road during the second quarter amounted to 5,887. The majority of the newly licensed motor vehicles, 3,346 or 56.8% of the total, were passenger cars, followed by motorcycle/Ebicycle/PA-Bicycle with 1,932 or 32.8%. Newly licensed ‘new’ motor vehicles amounted to 3,489 or 59.3% of the total, whereas newly licensed ‘used’ motor vehicles totalled 2,398 or 40.7%.

Motor vehicles under restriction

During the second quarter of 2021, 7,824 motor vehicles were taken off the road due to a restriction. Out of these, 36.7% were scrapped, 31.3% were garaged, while 30.3% were put up for resale. Motor vehicles that had their restriction ending during the quarter under review totalled 5,784. The majority were recorded as being garaged (52.2%) or resold (47%).

Motor engine type

“As at the end of June 2021, 241,609 motor vehicles or 59.2% of the total had petrol-powered engines. Diesel-powered motor vehicles reached 156,365 or 38.3% of the total. Electric and hybrid motor vehicles accounted for 2% of the entire stock, with a total of 8,367 motor vehicles. When compared to the previous quarter, increases of 28.2%, 21.6% and 12.7% were registered in the Electric, Hybrid (Electric/ Diesel), and Hybrid (Electric/Petrol) motor vehicles categories respectively.”

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

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