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Cyprus motor vehicle registrations rise 13% in January-May 2026 as hybrids expand market share

(file photo)

Nicosia, Cyprus. Motor vehicle registrations in Cyprus rose in the first five months of 2026, according to the state statistical service, Cystat. The data also showed hybrid and electric cars continued to strengthen their position, with electrified vehicles accounting for the majority of new passenger car registrations.


Overall registrations increase

According to Cystat, total motor vehicle registrations reached 23,743 units in January-May 2026, an increase of 13 per cent compared with 21,012 vehicles in the corresponding period of 2025.

In May 2026 alone, 5,173 vehicles were registered, up 6.0 per cent from 4,879 units recorded in May 2025.

Passenger car registrations

Passenger saloon car registrations rose by 7.7 per cent to 4,000 vehicles in May, compared with 3,715 vehicles a year earlier.

For the January-May period, passenger saloon car registrations increased by 12.5 per cent to 18,259 units, compared with 16,224 units in the same period of 2025.

Of these, 6,112 vehicles, or 33.5 per cent, were new cars, while 12,147 vehicles, or 66.5 per cent, were used cars.

Rental cars decline

Rental car registrations declined by 14.2 per cent, falling from 2,197 vehicles to 1,884 vehicles.

Hybrid share rises

The most significant trend was the continued rise of hybrid vehicles, whose share climbed to 51.3 per cent of passenger car registrations, compared with 42.9 per cent during the corresponding period last year.

This means that more than one in every two passenger cars registered in Cyprus this year has been a hybrid model.

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