Qatar's automobile sector saw a double-digit growth in new registrations on an annualised basis this September, according to the Planning and Statistics Authority (PSA).
The new vehicle registrations stood at 8,367; which represented a 13.3% increase year-on-year but shrank 5.3% month-on-month this September, said the figures released by the PSA.
The registration of new private vehicles stood at 5,331, which posted a 1.7% jump on an annualised basis but declined 12.3% on monthly basis in September 2022. Such vehicles constituted about 64% of the total new vehicles registered in the country in the review period.
The registration of new private transport vehicles stood at 1,648, which zoomed 14.9% and 10% year-on-year and month-on-month respectively in September this year. Such vehicles constituted about 20% of the total new vehicles in the review period.
The registration of new private motorcycles shot up 72.1% on an annualised basis to 604 in September 2022; it was seen declining 31.8% month-on-month. These constituted more than 7% of the total new vehicles in the review period.
The registration of new heavy equipment stood at 199, which constituted more than 2% of the total registration this September. Their registrations had seen 23.8% and 8.7% shrinkage on an annualised and monthly basis respectively.
The new registration of other non-specified vehicles stood at 502 units, which grew 578.4% and 329.1% year-on-year and month-on-month respectively in the review period. They constituted about 6% of the total new vehicles in the country in the review period.
The registration of trailers stood at 83 units, which saw a 232% and 112.8% surge year-on-year and month-on-month in the review period.
The renewal of registration was reported in 65,784 units, which saw 5.2% growth on a yearly basis but fell 4.1% month-on-month this September.
The transfer of ownership was reported in 33,472 vehicles in September 2022, which zoomed 11.6% and 2.9% on yearly and monthly basis respectively.
The re-registration of vehicles stood at 124, which reported 61.9% contraction on a yearly basis but grew 27.8% on monthly basis in September 2022.
The modified vehicles’ registration stood at 5,369, which saw a 27.3% year-on-year growth but declined 24.5% month-on-month in September this year.
The cancelled vehicles stood at 3,209 units, which shot up 62.4% and 12.8% year-on-year and month-on-month respectively in the review period.
The number of lost/damaged vehicles stood at 7,789 units, which declined 21.2% and 15% on yearly and monthly basis respectively in September 2022.
The number of vehicles meant for exports stood at 1,502 units, which reported 33.2% and 11.6% contraction year-on-year and month-on-month this September.
The clearing of vehicle-related processes stood at 125,613 units, which expanded 6.1% on a yearly basis but weakened 4.1% month-on-month in the review period.