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Private vehicles constitute 85% of total automobiles sales in Qatar in June: PSA

Qatar – Private vehicles constituted more than 85% of the total automobiles sales in Qatar in June 2023, according to the official estimates. The overall sales in the vehicles market were on a slippery road during the review period, according to the Planning and Statistics Authority (PSA) data. The country saw 6,593 new vehicles registered in June 2023, declining 17.

7% and 19. 7% on an annualised and monthly basis respectively in the review period. The registration of new private vehicles stood at 4,466, which shrank 9.

9% and 23. 9% year-on-year and month-on-month respectively in June 2023. Such vehicles constituted 67.

74% of the total new vehicles registered in the country in the review period. The registration of new private transport vehicles stood at 1,141; which declined 23. 6% and 11.

2% on a yearly and monthly basis respectively in June 2023. Such vehicles constituted 17. 3% of the total new vehicles in the review period.

The new registration of other non-specified vehicles stood at 621 units, which however zoomed 235. 6% and 8. 4% year-on-year and month-on-month respectively this June.

These constituted 9. 41% of the total new vehicles registered in the country in the review period. The registration of new private motorcycles stood at 218 units, which plummeted 80.

6% and 5. 6% year-on-year and month-on-month respectively in June 2023. These constituted 3.

3% of the total new vehicles in the review period. The registration of new heavy equipment stood at 118, which constituted 1. 79% of the total registrations in June 2023.

Their registrations had seen a 43. 3% and 48. 7% contraction year-on-year and month-on-month respectively in the review period.

The registration of trailers amounted to 29 units, which reported a 37% decline on an annualised basis but grew 7. 4% month-on-month in the review period. The renewal of registration was reported in 67,250 units, which saw 5.

9% and 12. 8% shrinkage on yearly and monthly basis respectively in June 2023. It constituted 57% of the clearing of vehicle-related processes in the review period.

The transfer of ownership was reported in 33,145 vehicles in June 2023, which declined 2% and 6. 2% year-on-year and month-on-month respectively. It constituted 28% of the clearing of vehicle-related processes in the review period.

The modified vehicles’ registration stood at 4,408; which declined 45. 8% and 28. 5% year-on-year and month-on-month respectively in June 2023.

They constituted 3. 72% of the clearing of vehicle-related processes in the review period. The number of lost/damaged vehicles stood at 3,493 units, which tanked 60.

5% and 19. 2% year-on-year and month-on-month respectively in June 2023. They constituted 2.

94% of the clearing of vehicle-related processes in the review period. The number of vehicles meant for exports stood at 2,075 units, which reported a 1. 4% and 13.

8% decrease on a yearly and monthly basis respectively in June 2023. It constituted 1. 75% of the clearing of vehicle-related processes in the review period.

The number of cancelled vehicles was 1,149; shrinking 47. 4% and 32. 3% year-on-year and month-on-month respectively in June 2023.

The re-registration of vehicles stood at 102, which tanked 34. 2% and 51. 4% year-on-year and month-on-month respectively in June 2023.

The clearing of vehicle-related processes stood at 118,485 units, which was down 12. 5% and 12. 8% on a yearly and monthly basis respectively in the review period.

© Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. ( Syndigate. info ).

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From: zawya
URL: https://www.zawya.com/en/business/retail-and-consumer/private-vehicles-constitute-85-of-total-automobiles-sales-in-qatar-in-june-psa-wc6s36q6

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