Cyprus Mail
Business

Saloon registrations rise 4.7% as demand for Volkswagen slumps

By Stelios Orphanides

The increase in saloon car registrations slowed down to an annual 4.7 per cent in October from over 35 per cent the month before, which is the slowest rate of increase this year, the statistical service said.

Overall saloon registrations in October were 1,744 which was 15 per cent less compared to September, Cystat said in a statement on its website, two months after a scandal broke out involving a software installed in Volkswagen’s EA 189 diesel engines capable of manipulating emission data rocked Germany’s largest car maker.

Related posts

Gas pipeline to connect the north with Turkey under discussion

Evie Andreou

Tesla’s electric pickup breaks the mould with angular design and armored glass

Reuters News Service

Greek oil company applies to pipe gas to the island

Elias Hazou

Banks cannot afford to relax lending criteria says CBC governor

George Psyllides

E-auction platform launches in Cyprus

Jonathan Shkurko

Still value in passports scheme

George Psyllides