Number of vehicles on the road increase by 41 a day – NSO
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The stock of licensed motor vehicles stood at 369,261 at the end of September, this was up by 3.7 per cent over the same period last year – an increase of a net average rate of 41 vehicles a day, the National Statistics Office said today.
Of these, 78.5 per cent were passenger cars, 13.5 per cent were commercial vehicles, 6.9 per cent were motorcycles/ quads and ATV’s, while buses and minibuses accounted for less than one per cent, the NSO said.
The NSO noted that new licences issued during the period under review amounted to 6,514. The majority of new licences (4,814 or 73.9 per cent of the total) were issued to passenger cars, followed by motorcycles with 882.
`New’ motor vehicles newly-licensed, amounted to 2,721, or 41.8 per cent of the total, and newly licensed ‘used’ motor vehicles totalled 3,793.
This means an average of 71 vehicles per day were newly licensed during the quarter under review.
6,522 vehicles were taken off the roads due to a restriction. Out of these, 41.9 per cent were put for resale, 29.0 per cent were scrapped, the majority being passenger cars while 26.7 per cent were garaged.
The NSO added that vehicles which had their restriction ending during the third quarter of this year totalled 3,721. The majority were marked as resale (2,516) and garaged (1,167).