The stock of licensed motor vehicles at the end of June stood at 340,981, up by one per cent over the previous quarter, the National Statistics Office said.

It said that, 79.3 per cent were passenger cars, 14 per cent were commercial vehicles and 5.7 per cent were motorcycles.

Buses and minibuses accounted for less than one per cent.

New licences issued in the second quarter amounted to 5,443. The majority (4,224 or 77.6 per cent) were issued to passenger cars, followed by motorcycles at 672.

Newly-licensed ‘new’ motor vehicles amounted to 2,505, or 46 per cent of the total, and new licences in respect of ‘used’ motor vehicles totalled 2,938.

In the second quarter, 114 vehicles were exported. Garaged vehicles amounted to 1,951, while scrapped vehicles totalled 1,013.

As at the end of June, 206,766 vehicles had petrol engines, making up 60.6 per cent of the total. At 132,960, diesel-powered vehicles accounted for 39 per cent.