Hellenic Association of Motor Vehicle Importers-Representatives

Market News

The Greek automotive market
(November 2017)
Passenger cars

New: The new passenger car market is up 10.6% in November compared with the same period the year before.

Since the beginning of 2017, 82,687 new passenger cars were registered compared to 74,108 the year before (+11.6%).

This increase is based on the increased demand for rentals but nevertheless, the passenger car market is -67.8% down compared to 2000-2009 average.

As far as November is concerned, diesel passenger cars surpassed the petrol variants (47.9% diesel, 46.9% petrol).

Passenger car market in November 2017 posted 6,523 registrations compared to 5,897 the year before. Diesel passenger car registrations reached 3,122 units (47.9%), followed by 3,059 petrol passenger cars (46.9%), 272 hybrids (4.2%), 31 dual-fuel cars (0.5%), 34 CNG-powered cars (0.5%) and 5 electric ones (0.1%). 91.2% of total passenger car registrations are cars with engine size up to 1,600 cc, while segment B dominates with a market share of 37.8%.

Light Commercial Vehicles (gross weight up to 3,5 tons)

New: Light commercial vehicle market remained positive for fifth consecutive month and is up 2.1% compared to November 2016.

Since January 2017, 6,108 light trucks were registered compared with 5,222 the same period in 2016 (+17.0%). Vanettes represents the highest share in the market (43.2%) followed by pick-ups with a market share of 38.1%.

Concerning November 2017, Pick-ups represents the highest share in the light commercial vehicle market (40.8%) followed closely by Vanettes with a market share of 40.4%.

Light commercial vehicles market posted 544 registrations in November 2017 compared to 533 the year before, witnessing an increase of 2.1%.

Commercial Vehicles (gross weight over 3,5 tons)

New: The commercial vehicle market turned negative in November and is down -10.0% compared to the corresponding month in 2016.

Since the beginning of the year, 400 units were registered as compared to 291 the year before, suggesting an increase of 37.5%.

In November 2017, 18 trucks were sold in total, compared with 20 the year before (-10.0%).

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.


New: The bus market continued its positive course for third consecutive month in November and is up 25.0% compared to November 2016.

Since the beginning of the year, 171 buses were registered compared with 183 the year before (-6.6%).

Regarding November 2017, 10 buses were sold in total as opposed to 8 buses in November 2016 (+25.0%).

Motorcycles (over 50cc)

New: The motorcycle market continued its negative course for eleventh consecutive month and is down -28.0% in November 2017 compared to the year before.

Since January 2017, 26,380 motorcycles were registered compared with 34,898 the year before (-24.4%).

Motorcycle market in November 2017 posted 1,465 registrations compared to 2,035 in November 2016. 6 out of 10 new motorcycles which were registered in November are equipped with engines up to 250 cc (62.1%), while 86.3% of total registrations are motorcycles up to 400 cc.