Hellenic Association of Motor Vehicle Importers-Representatives

Market News

The Greek automotive market (November 2018)

 

Passenger cars

New: The new passenger car market was up by 5,7% in November compared with the same period the year before.

In the first eleven months of 2018, 98.094 new passenger cars have been registered compared to 82.687 the year before (+18,6 %).

Passenger car market continues to suffer strong pressure mainly due to over-taxation of households and businesses and therefore is -61,8 % lower compared to period 2000-2009.

Passenger car market in November 2018 posted 6.893 registrations compared to 6.523 the year before. Petrol passenger car registrations reached 3.919 units (56,9%), followed by 2.459 diesel passenger cars (35,7%), 425 hybrids (6,2%), 56 dual-fuel cars (0,8%), 20 CNG-powered cars (0,3%) and 11 electrical ones (0,2%).

 

Light Commercial Vehicles (gross weight up to 3.5 tons)

New: Light commercial vehicle market is up by 13,2% compared to November 2017 by posting 616 registrations compared to 544 registrations the year before.

Since January 2018, 6.339 light trucks have been registered compared with 6.108 the same period in 2017 (3,8%). Vanettes represents the highest share in the market (41,8%) followed by Pick-up cars with a market share of 38,6%.

Concerning November 2018, Vanettes represent the highest share in the light commercial vehicle market (46,3%) followed by Pick-up cars with a market share of 35,6%.

 

Commercial Vehicles (gross weight over 3.5 tons)

New: The commercial vehicle market in November was up by 116,7% compared to the corresponding month in 2017.

Since the beginning of the year, 333 units were registered as compared to 400 the year before, suggesting a decrease of -16,8%.

In November 2018, 39 trucks were sold in total, compared with 18 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 November by -20,0% compared to November 2017.

During the first eleven months of the year, 216 buses were registered compared with 171 the year before

(26,3%).

Regarding November 2018, 11 buses were sold in total as opposed to 8 buses in November 2017 (-20,0%).

 

Motorcycles (over 50cc)

New: The motorcycle market is up by 29,4% in November 2018 compared to the year before.

Since January, 32.193 motorcycles were registered compared with 26.380 the year before (22,0%).

Motorcycle market in November 2018 posted 1.896 registrations compared to 1.465 in November 2017. 6 out of 10 new motorcycles which were registered in November are equipped with engines up to 250 cc (60,1%), while 87,9% of total registrations are motorcycles up to 400 cc.