The Cypriot automobile market started 2025 with a slight decline, extending the downward trend observed toward the end of 2024. According to the latest data from the Statistical Service of Cyprus, total vehicle registrations in January fell by 3.9% to 4,077, down from 4,243 in the same month last year. Registrations of passenger saloon cars saw a sharper drop of 7.4%, decreasing from 3,430 to 3,176.

Toyota remained the top choice in the Cypriot car market, recording 537 new and used passenger saloon registrations. Mazda followed with 313, while BMW secured third place with 266. Kia and Nissan tied for the next spot, each with 237 registrations. The top ten brands also included Mercedes, Volkswagen, Honda, Hyundai, and Renault.

Among new passenger saloon cars, which accounted for 49.3% of the market (1,565 units), Kia led with 230 registrations, surpassing BMW (151), Volkswagen (116), Toyota (110), and Nissan (104). Meanwhile, used saloon cars made up 50.7% of the market (1,611 units), dominated by Toyota with 427 registrations and Mazda with 301.

Petrol-powered cars accounted for 42.4% of total saloon registrations, down from 48.7% a year earlier. Diesel cars also saw a decline, making up just 8.1% of the market compared to 10.3% in January 2024.

Conversely, electric vehicles continued their upward trend, rising to 5.6% of new registrations from 2.4% in the previous year. Hybrid cars also saw significant growth, increasing their market share to 44% from 38.7%.

Beyond passenger vehicles, freight vehicle registrations increased by 8.9% to 479, with light trucks experiencing the largest growth. Other vehicle segments showed varied results: mopeds under 50cc saw a slight rise from 18 to 21 registrations, while motorcycles above 50cc surged by 21%, climbing from 281 to 340.