Cyprus vehicle registrations rise by 8.7 percent in 2026

Total vehicle registrations in Cyprus saw an 8.7% increase during the first ten months of 2026, reaching 48,624 units compared to 44,732 during the same period in 2025, according to data released by the Statistical Service. Passenger saloon car registrations rose by 9.3% to a total of 38,006, of which 11,640 were new and 26,366 were used vehicles. Notably, rental car registrations experienced an 18.8% decline, dropping from 4,866 to 3,953 units.

The market shift towards hybrid technology continues to be the dominant trend. The share of hybrid passenger cars surged to 53.8%, up from 44.1% in the previous year. Conversely, petrol-powered cars decreased from 42.5% to 34.1%, while diesel and electric vehicle market shares also saw marginal declines, falling to 7.9% and 4.2% respectively. Other vehicle categories showed mixed performance, with bus registrations increasing to 210 and goods vehicle registrations growing to 5,569, whereas moped registrations under 50cc fell to 120 from 190 in the prior year.

The report highlights a clear shift in consumer preference toward hybrid engines in the Cypriot market. These statistics provide a comprehensive overview of the automotive landscape for the first ten months of the year, reflecting broader changes in transport usage and environmental choices.