Cyprus’s car market continues to grow. According to data from the Statistical Service, 29,902 passenger cars were registered between January and August, compared with 26,961 during the same period in 2025. This represents market growth of 10.9%. Official statistics include vehicle registration data by type, brand and origin.
In August 2026 alone, 3,061 passenger cars were registered in Cyprus, up 9.2% from a year earlier, when the figure stood at 2,803 vehicles. Of the total number of cars registered during the first eight months of the year, 9,326, or 31.2%, were new. Another 20,576 vehicles, or 68.8%, were used cars. This category includes vehicles registered through both official dealerships and used-car sellers and platforms. As a result, the used-car market continues to account for the majority of total registrations in Cyprus.
Hybrids already account for more than half of the market
One of the main changes in Cyprus’s car market is the growing popularity of hybrid vehicles. Between January and August 2026, their share reached 52.4%, compared with 43.6% during the same period in 2025. By contrast, the share of fully electric vehicles fell from 4.8% to 4.3%. At the same time, the share of petrol-powered cars continued to decline. During the first eight months of 2026, it stood at 35.3%, compared with 43.2% a year earlier. The share of diesel cars also decreased, from 8.5% to 8%.
This means that the structure of Cyprus’s car market is gradually changing, with hybrid models becoming an increasingly prominent alternative to traditional petrol and diesel vehicles. At the same time, official statistics from the Statistical Service of Cyprus show an overall increase of 11.2% in registrations of all types of vehicles between January and August 2026.
Which brands lead the Cyprus market
Between January and August 2026, a total of 29,902 passenger cars were registered, of which 26,296 were private vehicles. Toyota remains the overall market leader with 7,083 registrations. It is followed by Mazda (3,388), Nissan (2,204) and BMW (1,873). Mercedes ranks fifth with 1,531 vehicles. The brands with the highest number of registrations also include Honda — 1,154, Kia — 1,040, Volkswagen — 767, Audi — 608, BYD — 584 and Hyundai — 567.
The situation is different in the new-car segment. During the first eight months of 2026, 9,326 new passenger cars were registered, of which 8,151 were intended for private use. Their share amounted to 31.2% of the market. Kia ranks first among new cars with 983 registrations. It is followed by Toyota — 712, Nissan — 656, BYD — 576 and BMW — 560. The list of the most popular new cars also includes Volkswagen — 535, Hyundai — 500, Mercedes — 398, Renault — 350 and Jeep — 318.
Used cars continue to dominate the market
Used passenger cars accounted for 20,576 registrations, or 68.8% of the total market between January and August 2026. Of these, 18,145 vehicles were registered as private cars. Toyota comfortably leads the used-car segment with 6,371 registrations. It is followed by Mazda — 3,349, Nissan — 1,548, BMW — 1,313 and Mercedes — 1,133. Other popular used-car brands in Cyprus include Honda — 1,082, Lexus — 387, Audi — 365, Suzuki — 315 and Volvo — 306.
The latest statistics show that Cyprus’s car market in 2026 is not only growing in volume but also gradually changing in structure. Against the backdrop of rising overall registrations, hybrid vehicles are strengthening their position, while the share of petrol models is declining. At the same time, used cars still account for more than two-thirds of the market.
A wide selection of vehicles is available on the DOMCar portal.
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