2016 was a pretty good year for car sales since for the first time the market seemed to be moving at a pre-crisis pace, surpassing the registrations of new and used vehicles in 2011. At the same time, vehicle registrations recorded an increase for the third consecutive year with an increase of 31.5 % compared to 2015.
The buying habits of the Cypriots are of particular interest since in the registrations of new passenger vehicles 1 in 3 Cypriots prefer one of the three most popular brands, Nissan, Volkswagen and Toyota. The lead is held for another year by Nissan with the most popular Qashqai with a market share of 14.2% having sold 1.554 vehicles in 2016, followed by Volkswagen with a market share of 10.5% (1.155 sales) and Toyota with 10.1% and 1114 new passenger car registrations. .
In the battle of passenger cars follows Ford with 1010 sales, BMW with 692, Mercedes with 600, Honda with 510 while the top is closed by Land Rover and Renault with 499 and 472 registrations respectively.
See the table with the top 20 brands in sales
Ford first in the commercial
For another year, Ford holds the lead in sales of commercial vehicles with 851 new registrations, followed by Nissan me 156, Isuzu with 124, KIA with 101 and Renault is completed by Renault with 99 registrations of commercial vehicles.
See the table with the top 20 brands in commercial car sales
One in four buys from Pilakoutas
At the company level, the Pilakouta Group took first place in 2016 as 26.3% of new registrations relate to brands it trades. It is followed by Unicars with 16.1% and Dicran Ouzounian with 10.5%. Michaels Automotive holds 9.2% of the market and CIC 7.5%, followed by Loutsios Group with 5.8% and GEO Pavlides & Araouzos with 3.2%.
See the detailed table with the corporate market shares
