Market News
The Greek automotive market (January 2012)
Passenger cars
New: In January 2012 8,451 passenger cars were registered, 13.3% less than in January 2011 (9,747 registrations), even though this year the scrapage scheme was operating, while in 2011 consumers were still waiting for the scheme to commence.
Light Commercial Vehicles (gross weight up to 3.5 tons)
New: Light commercial vehicle registrations reached 419 units in January, a figure 44.6% lower compared to the same month of 2011 (757 units).
Commercial Vehicles (gross weight over 3.5 tons)
New: A significant drop in vehicle registrations was noted in January in the medium and heavy commercial vehicle market sector, where just 15 vehicles were registered in 2012, compared to 46 in 2011 (-67.4%).
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: In January 2012 22 buses were registered, compared to 11 in 2011. It must be noted though, that out of these 22, half were city based registered from the State.
Motorcycles (over 50cc)
New: Motorcycle registrations are historically limited during January, but even so, last January 38.4% less motorcycles were registered compared to 2011 (2,036 units in 2012, 3,304 in 2011).
