Market News

The Greek automotive market (March 2022)

Passenger cars

New: The new passenger car market was down by -6,4% in March compared to the same time period in 2021.

In the first three months of 2022, 22.426 new passenger cars have been registered compared to 31.205 the year before (-28,1%).

Passenger car market in March 2022 posted 8.410 registrations compared to 8.984 the year before. Petrol passenger car registrations reached 3.879 units (46,1%), followed by 2.231 hybrids (26,5%), 1.257 diesel cars (14,9%), 484 plug-in hybrid (5,8%), 278 electrical ones (3,3%) and 57  CNG-powered cars (0,7%). 54,9% 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 -26,84% in March compared to March 2021.

Since January 2022, 2.020 light trucks have been registered compared with 2.441 the same period in 2021 (-17,2%). Vanettes represents the highest share in the market (58,0%) followed by Pick-ups with a market share of 26,7%.

Vanettes represent the highest share in the light commercial vehicle market 48,4%, followed by Pick-ups with a market share of 31,2%.

Light commercial vehicles market posted 776 registrations in March 2022 compared to 1.055 the year before(-26,4%).

Commercial Vehicles
(gross weight over 3.5 tons)

New: The commercial vehicle market was down by -6,3% compared to March 2021.

Since the beginning of the year, 160 units were registered as compared to 131 the year before, suggesting an increase of +22,1%.

In March 2022, 60 trucks were sold in total, compared with 64 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 March by +15,8%, as compared to March 2021.

During the first three months of the year, 37 buses were registered compared with 59 the year before (-37,3%).

Regarding March 2022, 22 buses were registered compared to 19 buses in March 2021.

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