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Dealer numbers dwindling

Traders register falls for sixth consecutive month as total drops below 2,600.
Posted on 02 October, 2025
Dealer numbers dwindling

The number of dealers on the Motor Vehicle Traders Register (MVTR) fell by 16 last month, with the total at the end of September standing at 2,591.

It marks six consecutive months of decline since the tally reached 2,841 in March this year.

The figure is the lowest since June 2012 when there were 2,605 registered traders nationwide.

Last month’s total is also 289 below the 2,880 recorded at the end of September 2024.

Dealer numbers have largely been in decline since hitting a high of 3,535 in November 2017.

The MVTR holds essential information about registered traders and their businesses. It is operated by Occupational Regulation, which is part of the market integrity branch of the Ministry of Business, Innovation and Employment.