Market News

New: The new passenger car market was down by -14,3% in October compared to the same period in 2023.

In the first ten months of 2024, 117.705 new passenger cars have been registered compared to 115.793 the year before (+1,7%).

Passenger car market in October 2024 posted 9.670 registrations compared to 11.282 the year before. Hybrid passenger car registrations reached 4.585 units (47,4%), followed by 2.601 petrol cars (26,9%), 918 electrical ones (9,5%), 750 plug-in hybrid cars (7,8%) and 394 diesel cars (4,1%). 52,6% of total passenger car registrations are cars with engine size up to 1.400 cc.

New: The light commercial vehicle market was up by +7,8% in October compared to October 2023.

Since January 2024, 8.560 light trucks have been registered compared with 8.585 the same period in 2023 (-0,3%). Vanettes represent the highest share in the market (38,7%) followed by Pick-ups with a market share of 37,0%.

Vanettes represent the highest share in the light commercial vehicle market (47,3%), followed by Pick ups with a market share of 27,3%.

Light commercial vehicles market posted 985 registrations in October 2024 compared to 914 the year before (+7,8%).

New: The commercial vehicle market in October was up by +152,2% compared to October 2023.

Since the beginning of the year, 801 units were registered as compared to 625 the year before, suggesting an increase of +28,2%.

In October 2024, 58 trucks were sold in total, compared with 23 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.

New: The bus market increased in October by +266,7%, as compared to October 2023.

During the first ten months of the year, 791 buses were registered compared with 213 the year before (+271,4%).

Regarding October 2024, 33 buses were registered compared to 9 buses in October 2023.