Hellenic Association of Motor Vehicle Importers-Representatives

Market News

The Greek automotive market (April 2018)

 

Passenger cars

New: The new passenger car market rose by 24,2% in April compared with the same period the year before.

In the first four months of 2018, 32.274 new passenger cars have been registered compared to 26.549 the year before (26,1 %).

Passenger car market continues to suffer strong pressure mainly due to over-taxation of households and businesses and therefore is -62,6 % lower compared to period 2000-2009.

Passenger car market in April 2018 posted 10.498 registrations compared to 8.452 the year before. Petrol passenger car registrations reached 6.504 units (62%), followed by 3.614 diesel passenger cars (34,4%), 309 hybrids (2,9%), 53 dual-fuel cars (0,5%), 10 CNG-powered cars (0,1%) and 5 electrical ones .

 

Light Commercial Vehicles (gross weight up to 3.5 tons)

New: Light commercial vehicle market rose by 25,7 % compared to April 2017 by posting 538 registrations compared to 428 registrations the year before.

Since January 2018, 2.342 light trucks have been registered compared with 2.128 the same period in 2017 (10,1%). Vanettes represents the highest share in the market (44,3%) followed by Pick-ups with a market share of 36,7%.

Concerning April 2018, Vanettes represent the highest share in the light commercial vehicle market (46,1%) followed by Pick-up cars with a market share of 37,5%.

 

Commercial Vehicles (gross weight over 3.5 tons)

New: The commercial vehicle market in April and is down -5,4% compared to the corresponding month in 2017.

Since the beginning of the year, 148 units were registered as compared to 127 the year before, suggesting an increase of 16,5%.

In April  2018, 32 trucks were sold in total, compared with 34 the year before.

Moreover, imported used Commercial Vehicles still cover the greatest share of the specific market segment. New CVs represent only a small percentage, pushing the average age of Commercial Vehicles in Greece to high levels. This, expectedly, generates environmental and road safety issues.

 

Buses

New: The bus market was down in April by -26,3% compared to Arpil 2017.

During the first three months of the year, 89 buses were registered compared with 66 the year before

(34,8%).

Regarding March 2018, 14 buses were sold in total as opposed to 19 buses in April 2017 (-26,3%).

 

Motorcycles (over 50cc)

New: The motorcycle market is up by 8,7% in April 2018 compared to the year before.

Since January, 8.140 motorcycles were registered compared with 6.633 the year before (22,7%).

Motorcycle market in April 2018 posted 2.709 registrations compared to 2.492 in April 2017. 9 out of 10 new motorcycles which were registered in April are equipped with engines up to 250 cc (62,6%), while 86,7% of total registrations are motorcycles up to 400 cc.