Stock of licensed motor vehicles doubled at net average of 37 a day in Q2

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Stock of licensed motor vehicles doubled at net average of 37 a day in Q2Data released today from the National Statistics Office show that during the second quarter of 2025, the stock of licensed motor vehicles increased by 3,339 over the previous quarter.

The stock of licensed motor vehicles increased at a net average rate of 37 motor vehicles per day, around double that of the previous quarter when it was 19 per day.

The majority of newly licensed motor vehicles, 4,737 or 59.8% of the total, were passenger cars, followed by motorcycles/E-bikes/PA-bikes with 1,989 or 25.1%.

NSO data also revealed that petrol-powered engines accounted for 58.1% of the total stock, followed by diesel-powered engines (34.6%), and electric and plug-in hybrid engines (4.3%).

The NSO said that compared to the first quarter of this year, increases of 7.2%, 6.0% and 5.1% were registered in plug-in hybrid (diesel-electric), electric, and mild hybrid (petrol-electric) motor vehicles respectively.

File photo NSO

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