At the end of June, the stock of licensed motor vehicles stood at 318,720, up by almost one per cent over the previous quarter.

Of these, 79.3 per cent were passenger cars, 14.5 per cent were commercial vehicles, 5.1 per cent were motorcycles, while buses and minibuses accounted for less than one per cent.

New licences issued during the period under review amounted to 4,514. The majority of new licences (3,561 or 78.9 per cent of the total) were issued to passenger cars, followed by goods-carrying vehicles with 448.

Newly-licensed ‘new’ motor vehicles amounted to 1,977, or 43.8 per cent of the total, and newly licensed ‘used’ motor vehicles totalled 2,537. This increase may be due, in part, to a reduction in the rates of registration tax for passenger cars and goods carrying vehicles with euro 5 or 6 engines, and the reduction or abolition of the registration tax for motorcycles. The new rates were announced in quarter one.

In the second quarter this year, 36 vehicles were exported. Garaged vehicles amounted to 1,867, while scrapped vehicles totalled 1,254.

As at the end of June, 194,446 vehicles, or 61.0 per cent of the total, had petrol engines. Vehicles with diesel engines reached 123,721, or 38.8 per cent of the total.

These figures are supplied by the National Statistics Office.

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