Figures release from the National Statistics Office show that as at the end of the second quarter, the stock of licensed motor vehicles stood at 308,554, a net increase of 2,783 over quarter one. Of these, 76.6 per cent were private vehicles, while commercial vehicles accounted for 15.6 per centre.

New licences issued during the period under review amounted to 5,304, up by 18 per cent compared to the previous quarter. Private vehicles accounted for 3,849 new licences, or 72.6 per cent of the total. The majority of new licences (1,392) were issued to private vehicles within ‘Class 1’ (<1300 cc), followed by vehicles in ‘Class 5’ (1801-2000 cc) with 667.

Newly-licensed ‘new’ motor vehicles amounted to 2,474, or 46.6 per cent of the total, while newly licensed ‘used’ motor vehicles totalled 2,830.

In the second quarter of 2011, 19 vehicles were exported. Garaged vehicles amounted to 2,290, of which 61.4 per cent were private vehicles.

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