Cyprus remains in the dark regarding the size of the problem with diesel engines of cars manufactured by Volkswagen. The number of cars affected by the "sinful" software of the company, which...
Car registrations rose for the eight consecutive month in August as consumers’ interest for new vehicles seems to be on the rise. According to figures released today by Cystat, total registrations...
Sport utility vehicles are gaining ground amid the crisis recording the largest increase in sales this year, at the expense of other categories of vehicles. This is what data of the car importers...
Car registrations rose for the seventh consecutive month in July as interest for new vehicles increased. According to figures released today by Cystat, total registrations of saloon vehicles...
The automotive market performed better for the sixth consecutive month in June as buyers’ interest increased both for new and used cars. According to figures released today by Eurostat, total...
Fierce competition in the automotive market brought changes in the market shares of vehicle importers. The automotive industry recovered in 2014 after five years of recession. The recovery continues...
Saloon car registrations rose in May 2015 as buyers turned to new as well as to used vehicles. Total saloon registrations recorded an annual increase of 7.9% as they reached 1.730 vehicles. In May...
Daimler AG and Cyprus Import Corporation Ltd (CIC) were fined by the Commission for the Protection of Competition on April 23 with €20 million and €700 thousand respectively for violating the...
Cypriots seem to resort to the purchase of used cars in order to cope with the effect of the crisis. Used saloon registrations were the driving force behind April's increase in saloon registrations...
The vehicle import sector seems to be going through a period of consolidation, as the reliability of large importing companies remains at the same level as before, as shown by a new survey by...