Hellenic Association of Motor Vehicle Importers-Representatives

Market News

The Greek automotive market (February 2020)

 

Passenger cars

New: The new passenger car market rose by 4,0% in February compared with the same period the year before.

In the first two months of 2020, 17.647 new passenger cars have been registered compared to 16.771 the year before (+5,2%).

Passenger car market in February 2020 posted 7.832 registrations compared to 7.561 the year before. Petrol passenger car registrations reached 4.614 units (58,7%), followed by 2.123 diesel passenger cars (27,0%), 818 hybrids (10,4%), 31 dual-fuel cars (0,4%), 91 CNG-powered cars (1,2%), 33 electrical ones (0,4%) and 27 plug-in hybrids (0,3%).51,2% of total passenger car registrations are cars with engine size up to 1.400 cc.

 

Light Commercial Vehicles (gross weight up to 3.5 tons)

New: Light commercial vehicle market was down by -5,3% compared to February 2019 by posting 603 registrations compared to 637 registrations the year before.

Since January 2020, 1.233 light trucks have been registered compared with 1.280 the same period in 2019(-3,7%). Vanettes represents the highest share in the market (39,0%) followed by Pick-ups with a market share of 35,5%.

Concerning February 2020, Vanettes represent the highest share in the light commercial vehicle market (41,5%) followed by Pick-up cars with a market share of 32,3%.

 

Commercial Vehicles (gross weight over 3.5 tons)

New: The commercial vehicle market continued its positive course in February and is up 10,5% compared to the corresponding month in 2019.

Since the beginning of the year, 102 units were registered as compared to 71 the year before, suggesting an increase of 43,7%.

In February 2020, 42 trucks were sold in total, compared with 38 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 rose by in February by 340,0% compared to February 2019.

During the first two months of the year, 94 buses were registered compared with 85 the year before (10,6%).

Regarding February 2020, 44 buses were sold in total as opposed to 10 buses in February 2019.

 

Motorcycles (over 50cc)

New: The motorcycle market continued its positive course and is up by 38,0% in February 2019 compared to the year before.

Since January, 4.538 motorcycles were registered compared with 3.401 the year before (33,4%).

Motorcycle market in February 2020 posted 2.264 registrations compared to 1.640 in February 2019. 6 out of 10 new motorcycles which were registered in February are equipped with engines up to 250 cc (60,5%), while 85,2% of total registrations are motorcycles up to 400 cc.