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Business / Qatar Business

Private vehicle registration up 58% in October

Published: 23 Dec 2022 - 09:51 am | Last Updated: 23 Dec 2022 - 09:51 am
Peninsula

Deepak John | The Peninsula

Qatar witnessed rise in new vehicle registrations in October as the total number of registered new vehicles stood at 12,203 in October 2022, recording a growth of 45.8 percent compared to same month in 2021 and 80.2 percent annually, according to data released by the Planning and Statistics Authority (PSA). 

The registration of private vehicles accounted 58 percent of the total new private vehicles which stood at 7,055, recording a rise of 32.3 percent and 73.3 percent on monthly and yearly basis respectively. On the other hand the registration of private motorcycles was 639 in October 2022 compared to 604 in the previous month registering a rise of 5.8 percent on month-on-month basis and decline of 1.2 percent on year-on-year basis. Out of the total new vehicles, the private new motorcycles accounted for 5 percent as per the official data. 

The rise in vehicle registrations is a sign that the country’s economy is recovering as more cars are being bought and sold. In case of private transport vehicles the registration stood at 1,959 in October which formed 16 percent of the total new vehicles in October 2022. The registration of trailers witnessed a rise of 65 percent annually. While heavy equipment stood at 205 showing a rise of 3 percent on monthly basis.

According to figures in the report, the clearing of vehicles processes stood at 143,392, showing an annual and monthly rise of 17.7 percent and 14.2 percent respectively. The renewal of vehicles stood at 74,954 while the transfer of ownership accounted for 35,406 vehicles, an increase of 13.9 percent and 15.2 percent on monthly and annual basis. The total number of traffic violations registered during October 2022 were 203,437, witnessing a monthly decline of 15.2 percent and 6.1 percent on month-on-month and year-on-year basis. 

Out of the total traffic violations registered in October 2022, included speed limit violation (radar) which accounted for 71 percent, while stand and wait rules and obligations violations were 18 percent. The speed limit violation (radar) of vehicles stood at 123,018 registering a decline of 17.3 percent and 19.9 percent monthly and annually. Whereas traffic signal violations in October 2022 were 4,290 recording a decrease of 20.3 percent and 35.3 percent on month-on-month and year-on-year basis. 

The latest traffic data showed that January till May 2022 alone, recorded 8 million vehicle entries to The Pearl Island, compared to full-year figures of 9 million vehicles in 2016. Numbers are still expected to increase even more in the second half of 2022, with an even more promising ending by the fourth quarter.