Qatar posts double-digit year-on-year growth in sales of new vehicles in November: PSA

Qatar's automobile sector saw a double-digit growth in new registrations on an annualised basis in November 2022, according to the Planning and Statistics Authority (PSA).
The new vehicle registrations stood at 9,423; which represented a 36.8% increase year-on-year but declined 22.8% month-on-month in November 2022, according to figures released by the PSA.
The registration of new private vehicles stood at 6,208, which surged 43.2% on an annualised basis but shrank 12% on monthly basis in November 2022. Such vehicles constituted 66% of the total new vehicles registered in the country in the review period.
The registration of new private transport vehicles stood at 1,323, which was up 0.1% year-on-year but plummeted 32.5% month-on-month in November 2022. Such vehicles constituted 14% of the total new vehicles in the review period.
The new registration of other non-specified vehicles stood at 1,216 units, which grew more than five-fold year-on-year, whereas it reported 46.6% plunge month-on-month in the review period. They constituted 13% of the total new vehicles in the country in November 2022.
The registration of new private motorcycles was down 8.8% on a yearly basis to 538 in November 2022; it was seen declining 15.8% month-on-month. These constituted 6% of the total new vehicles in the review period.
The registration of new heavy equipment stood at 107, which constituted 4% of the total registrations in November 2022. Their registrations had seen 67.4% and 47.8% decline on yearly and monthly basis respectively.
The registration of trailers stood at 31 units, which tanked 43.6% and 53% year-on-year and month-on-month respectively in the review period.
The renewal of registration was reported in 62,995 units, which saw 8.3% and 16% shrinkage on yearly and monthly basis respectively in November 2022.
The transfer of ownership was reported in 26,866 vehicles in November 2022, which shrank 13% and 24.1% year-on-year and month-on-month respectively.
The re-registration of vehicles stood at 97, which reported 34% and 35.8% contraction on yearly and monthly basis respectively in November 2022.
The modified vehicles’ registration stood at 2,998, which decreased 38.3% and 52.8% year-on-year and month-on-month respectively in November 2022.
The cancelled vehicles stood at 2,323 units, which shrank 5.9% and 37.7% year-on-year and month-on-month respectively in the review period.
The number of lost/damaged vehicles stood at 7,647 units, which declined 26.4% and 14.8% in November 2022.
The number of vehicles meant for exports stood at 916 units, which reported 56% and 42.5% plunge on annualised and monthly basis respectively in November 2022.
The clearing of vehicle-related processes stood at 113,277 units, which declined 10.3% and 21% on a yearly and monthly basis respectively in the review period.
Hamad, Doha and Al Ruwais ports had handled 6,939 RORO (vehicles) in November 2022, which registered a 34.4% and 4.19% increase year-on-year and month-on-month respectively. Hamad Port alone handled 6,712 units in November 2022, Mwani Qatar had said.