Automotive Market in Malta
The automotive market in Malta is a thriving industry that has seen significant growth in recent years. According to statistics, the automotive industry in Malta has been expanding rapidly, with a growing demand for both new and used cars.
Popular Car Brands
According to a survey by EMCS Ltd, Toyota is one of Malta's most popular automotive brands. Other popular car brands in Malta include Alfa Romeo, Fiat, and Honda.
Car Events in Malta
There are several car shows in Malta. One of the most exciting events of the year is the Malta Classic. This four-day extravaganza is a treat for vintage car lovers, history buffs, and families alike. The event comprises three exhilarating events: the Malta Classic Hill Climb, the Malta Classic Concours d’Elegance by Mdina Glass, and the Malta Classic Grand Prix.
In addition to the Malta Classic, there are other car-related attractions in Malta. The Classic Car Collection is a museum that showcases a wide range of classic cars. The museum was founded by Mr. Carol Galea, an avid car enthusiast, and features a collection of over 100 classic cars.
The future of the automotive industry in Malta is expected to grow at a steady pace. According to a report by MarketsandMarkets, the global automotive sales is estimated to reach 115 million units by 2024. The Maltese Vehicle Registration is set to reach 9,130 Units by 2026 from 8,510 Units in 2021, growing 0.9% yearly on average.
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