Cyprus January 2024: Kia Sportage in the lead in soaring market

The Kia Sportage is the best-selling vehicle in Cyprus in January.

Based on data by our local partners SEMO Cyprus and INNOSOFT, the Cyprus new car market soars 19.8% year-on-year in January to 1,527 sales. The top 3 brands all lodge surreal gains: Kia (+87.6%) is #1 with 19.8% share vs. 17.6% over the Full Year 2023, Volkswagen is up 86.9% year-on-year and 8 spots on last month to #2 and Toyota (+45.5%) rounds out the podium. Leader a year ago, BMW (-35.2%) is in freefall to #4. Ford (+117.1%), Skoda (+100%), Jeep (+80%) and Mercedes (+25.5%) also impress in the remainder of the Top 10.

Model-wise, the Kia Sportage (+126.7%) takes the lead, followed by the VW T-Cross (+966.7%). 6 of the Top 7 models are SUVs, with the Toyota Yaris (+1.2%) the odd one at #4. The Kia Stonic (+124.3%) rallies back up to #3 ,the Nissan Qashqai (+85.4%), leader last month, is 5th ahead of the VW T-Roc (-20%) and Toyota C-HR (+226.7%). The Ford Focus sports a uncharacteristic 8th place with the Jeep Compass (#22) and Range Rover Sport (#23) making what is believed to be their entrance inside the Top 30.

Previous post: Cyprus Full Year 2023: Toyota Yaris repeats at #1 in surging market (+26.7%)

One year ago: Cyprus January 2023: BMW most popular brand in market up 14.9%

Full January 2024 Top 35 All brands and Top 30 models below.

Cyprus January 2024 – brands:

Pos Brand Jan-24 % /22 Dec FY23
1 Kia 302 19.8% + 87.6% 2 1
2 Volkswagen 185 12.1% + 86.9% 10 4
3 Toyota 179 11.7% + 45.5% 4 2
4 BMW 116 7.6% – 35.2% 8 6
5 Nissan 107 7.0% + 81.4% 1 5
6 Ford 76 5.0% + 117.1% 15 13
7 Mercedes 69 4.5% + 25.5% 11 7
8 Hyundai 58 3.8% – 44.2% 3 3
9 Skoda 58 3.8% + 100.0% 7 10
10 Jeep 54 3.5% + 80.0% 21 16
11 Audi 51 3.3% + 21.4% 6 9
12 Land Rover 45 2.9% + 45.2% 22 17
13 Dacia 26 1.7% – 46.9% 13 12
14 Renault 26 1.7% – 18.8% 14 11
15 Porsche 24 1.6% – 33.3% 24 14
16 Volvo 23 1.5% – 20.7% 25 15
17 Mini 22 1.4% – 24.1% 5 8
18 Lexus 21 1.4% + 200.0% 18 20
19 Mazda 14 0.9% – 12.5% 19 21
20 Maserati 12 0.8% + 50.0% 27 27
21 Suzuki 11 0.7% – 42.1% 20 24
22 Cupra 9 0.6% + 200.0% 12 18
23 Alfa Romeo 8 0.5% – 20.0%  – 29
24 Ssangyong 8 0.5% – 50.0% 23 25
25 Jaguar  5 0.3% + 150.0% 26 31
26 Seat 5 0.3% – 83.3% 9 22
27 Honda 3 0.2% – 78.6% 16 23
28 Bentley 2 0.1% – 60.0% 28 32
29 MG 2 0.1% – 60.0% 17 19
30 Smart 2 0.1% n/a  – 36
31 Ferrari 1 0.1% + 0.0%  – 39
32 Fiat 1 0.1% n/a  – 34
33 Lamborghini 1 0.1% n/a  – 37
34 Peugeot 1 0.1% – 83.3%  – 26
35 Citroen 0 0.0% – 100.0%  – 28

Cyprus January 2024 – models:

Pos Model Jan-24 % /23 Dec FY23
1 Kia Sportage 136 8.9% + 126.7% 2 6
2 VW T-Cross 96 6.3% + 966.7% n/a 14
3 Kia Stonic 83 5.4% + 124.3% n/a 2
4 Toyota Yaris 83 5.4% + 1.2% 6 1
5 Nissan Qashqai 76 5.0% + 85.4% 1 9
6 VW T-Roc 52 3.4% – 20.0% n/a 8
7 Toyota C-HR 49 3.2% + 226.7% n/a 12
8 Ford Focus 47 3.1% n/a n/a n/a
9 Kia Picanto 40 2.6% + 81.8% n/a 10
10 Hyundai Tucson 37 2.4% + 19.4% 3 3
11 BMW X1 31 2.0% + 3.3% 14 25
12 Kia Ceed 31 2.0% + 47.6% 11 7
13 Toyota Corolla 30 2.0% + 114.3% 10 17
14 Jeep Renegade 27 1.8% + 80.0% n/a n/a
15 Skoda Fabia 27 1.8% + 68.8% n/a n/a
16 Mini Countryman 19 1.2% + 35.7% 4 4
17 VW Taigo 19 1.2% – 50.0% n/a 23
18 Ford Puma 18 1.2% – 21.7% 15 28
19 Audi Q3 17 1.1% + 13.3% n/a 24
20 Nissan Juke 16 1.0% – 11.1% 5 11
21 Volvo XC40 16 1.0% – 23.8% n/a 16
22 Jeep Compass 15 1.0% + 87.5% n/a n/a
23 Range Rover Sport 15 1.0% + 66.7% n/a n/a
24 Nissan X-Trail 14 0.9% + 180.0% 9 19
25 Toyota RAV4 14 0.9% + 133.3% 7 13
26 BMW 3 Series 13 0.9% + 333.3% n/a n/a
27 Mercedes GLA 13 0.9% + 333.3% n/a n/a
28 Dacia Duster 12 0.8% – 52.0% 13 18
29 Dacia Sandero 12 0.8% – 47.8% n/a 27
30 Renault Captur 12 0.8% – 40.0% n/a 20

Source: SEMO Cyprus and INNOSOFT

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