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Increase in new vehicle registrations

The latest Central Bank data has shown that there has been a staggering 56% increase in new registration of motor vehicles from 30,905 in June 2010 to 48,157 in June 2011.

The data shows that the biggest increase has been in three-wheelers which have increased from 8007 to 13,753 this year and accounts for a 71% increase. The registration of Motor cars has been the second largest, showing an increase from 606 last year June to 5,069 this year June and accounts for a 736% increase. Motor Cycles have also shown a significant increase from 18,725 last year to 22,690 this year and accounts for a 21% increase.

New registrations for all other motor vehicles such as buses, dual purpose vehicles, lorries and other transport vehicles for goods, tractors, hand tractors and other land vehicles, have also risen, the new data indicates.


Posted on Tuesday, July 26, 2011 @ 02:31:47 LKT


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