Hellenic Association of Motor Vehicle Importers-Representatives

Market News

The Greek automotive market (March 2019)

 

Passenger cars

New: The new passenger car market was down by -13,9% in March compared with the same period the year before.

In the first three months of 2019, 26.289 new passenger cars have been registered compared to 26.776 the year before (-1,8%).

Passenger car market continues to suffer strong pressure mainly due to over-taxation of households and businesses and therefore is -64,8% lower compared to period 2000-2009.

Passenger car market in March 2019 posted 9.518 registrations compared to 11.053 the year before. Petrol passenger car registrations reached 6.434 units (67,6%), followed by 2.579 diesel passenger cars (27,1%), 389 hybrids (4,1%), 38 CNG-powered cars (0,4%), 29 dual-fuel cars (0,3%) and 6 electrical ones (0,1%) .

 

Light Commercial Vehicles (gross weight up to 3.5 tons)

New: Light commercial vehicle market was down by -3,3% compared to March 2018 by posting 617 registrations compared to 638 registrations the year before.

Since January 2019, 1.897 light trucks have been registered compared with 1.804 the same period in 2018 (+5,2%). Vanettes represents the highest share in the market (43,3%) followed by Pick-ups with a market share of 35,6%.

Concerning March 2019, Vanettes represent the highest share in the light commercial vehicle market (42,9%) followed by Pick-up cars with a market share of 35,8%.

 

Commercial Vehicles (gross weight over 3.5 tons)

New: The commercial vehicle market continued its positive course in March and is up 89,7% compared to the corresponding month in 2018.

Since the beginning of the year, 126 units were registered as compared to 116 the year before, suggesting an increase of 8,6%.

In March 2019, 55 trucks were sold in total, compared with 29 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 in March was down by -43,1% compared to March 2018.

During the first three months of the year, 114 buses were registered compared with 75 the year before (52,0%).

Regarding March 2019, 29 buses were sold in total as opposed to 51 buses in March 2018.

 

Motorcycles (over 50cc)

New: The motorcycle market continued its positive course and is up by 4,6% in March 2019 compared to the year before.

Since January, 5.802 motorcycles were registered compared with 5.431 the year before (6,8%).

Motorcycle market in March 2019 posted 2.401 registrations compared to 2.296 in March 2018. 6 out of 10 new motorcycles which were registered in February are equipped with engines up to 250 cc (60,2%), while 86,5% of total registrations are motorcycles up to 400 cc.