Licensed vehicles increase at an average rate of 30 vehicles per day

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Licensed vehicles increase at an average rate of 30 vehicles per dayThe stock of licensed vehicles increased at an average rate of 30 vehicles per day in the last quarter of 2018, the National Statistics Office said today, while an average of 69 vehicles per day were newly licensed.

The NSO added that administrative data obtained from Transport Malta, show that at the end of December, the stock of licensed motor vehicles stood at 385,326, this was an increase of 3.6% over the previous year.

Out of this total, 77.9% were passenger cars, 13.6% were commercial vehicles, 7.4% were motorcycles/quadricycles and All Terrain Vehicle’s (ATV), while buses and minibuses amounted to less than 1.0%.

Newly licensed vehicles put on the road during the period under review amounted to 6,367. The NSO noted that the majority of the newly licensed vehicles, 4,710 or 74.0% of the total, were passenger cars, followed by motorcycles/e-bicycles with 700 or 11.0%.

Newly licensed ‘new’ motor vehicles amounted to 2,765 or 43.4% of the total, whereas newly licensed ‘used’ motor vehicles totalled 3,602 or 56.6%.

7,424 vehicles were taken off the roads due to a restriction. Out of this total, 36..% were put for resale, 31.2% were scrapped, while garaged vehicles amounted to 30.2%.

Vehicles that had their restriction ending during the quarter under review totalled 3,723. The majority were recorded as being for resale (68.2%) or garaged (31.2%).

231,508 vehicles or 60.1%of the total were petrol-powered engines. Diesel-powered vehicles amounted to 149,979 or 38.9% of the total.

The NSO said that electric and hybrid vehicles accounted for 0.6% of the entire stock, with a total of 2,367 vehicles.

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