Hellenic Association of Motor Vehicle Importers-Representatives

Market News

The Greek automotive market (August 2019)

 

Passenger cars

New: The new passenger car market was up by 24,3% in August compared with the same period the year before.

In the first eight months of 2019, 86.873 new passenger cars have been registered compared to 79.154 the year before (+9,8%).

Passenger car market continues to suffer strong pressure mainly due to over-taxation of households and businesses and therefore is -56,7% lower compared to period 2000-2009.

Passenger car market in August 2019 posted 9.594 registrations compared to 7.718 the year before. Petrol passenger car registrations reached 5.142 units (53,6%), followed by 3.534 diesel passenger cars (37,6%), 504 hybrids (5,3%), 103 CNG-powered cars (1,1%), 29 dual-fuel cars (0,3%) and 21 electrical ones (0,1%) .

 

Light Commercial Vehicles (gross weight up to 3.5 tons)

New: Light commercial vehicle market was up by 77,6% compared to August 2018 by posting 783 registrations compared to 441 registrations the year before.

Since January 2019, 5.448 light trucks have been registered compared with 4.644 the same period in 2018 (+17,3%). Vanettes represents the highest share in the market (45,3%) followed by Pick-ups with a market share of 34,6%.

Concerning Auguist 2019, Vanettes represent the highest share in the light commercial vehicle market (44,6%) followed by Pick-up cars with a market share of 39,3%.

 

Commercial Vehicles (gross weight over 3.5 tons)

New: The commercial vehicle market was down by  -21,2% in August, compared to the corresponding month in 2018.

Since the beginning of the year, 329 units were registered as compared to 244 the year before, suggesting an increase of 34,8%.

In August 2019, 26 trucks were sold in total, compared with 33 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 June was down by -64,7% compared to August 2018.

During the first eight months of the year, 281 buses were registered compared with 179 the year before (57,0%).

Regarding August 2019, 6 buses were sold in total as opposed to 17 buses in August 2018 (-64,7%)

 

Motorcycles (over 50cc)

New: The motorcycle market continued its positive course and is up by 12,6% in August 2019 compared to the year before.

Since January, 27.928 motorcycles were registered compared with 24.868 the year before (+12,3%).

Motorcycle market in August 2019 posted 3.190 registrations compared to 2.834 in August 2018. 6 out of 10 new motorcycles which were registered in August are equipped with engines up to 250 cc (63,4%), while 89,8% of total registrations are motorcycles up to 400 cc.