Market News

The Greek automotive market (September 2024)

Passenger cars

New: The new passenger car market was down by -15,3% in September compared to the same period in 2023.

In the first nine months of 2024, 108.035 new passenger cars have been registered compared to 104.511 the year before (+3,4%).

Passenger car market in September 2024 posted 9.661 registrations compared to 11.401 the year before. Hybrid passenger car registrations reached 4.409 units (45,6%), followed by 2.773 petrol cars (28,7%), 865 electrical ones (9,0%), 715 plug-in hybrid cars (7,4%) and 314 diesel cars (3,3%). 56,8% 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: The light commercial vehicle market was down by -22,1% in September compared to September 2023.

Since January 2024, 7.575 light trucks have been registered compared with 7.671 the same period in 2023 (-1,3%). Vanettes represent the highest share in the market (37,9%) followed by Pick-ups with a market share of 37,4%.

Vanettes represent the highest share in the light commercial vehicle market (39,4%), followed by Vans with a market share of 34,5%.

Light commercial vehicles market posted 559 registrations in September 2024 compared to 718 the year before (-22,1%).

Commercial Vehicles
(gross weight over 3.5 tons)

New: The commercial vehicle market in September was up by +46,7% compared to September 2023.

Since the beginning of the year, 743 units were registered as compared to 602 the year before, suggesting an increase of +23,4%.

In September 2024, 44 trucks were sold in total, compared with 30 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 increased in September by +476,5%, as compared to September 2023.

During the first nine months of the year, 758 buses were registered compared with 204 the year before (+271,6%).

Regarding September 2024, 98 buses were registered compared to 17 buses in September 2023.

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