Market News

The Greek automotive market (August 2022)

Passenger cars

New: The new passenger car market was up by 39,7% in August compared to the same time period in 2021.

In the first eight months of 2022 74.329 new passenger cars have been registered compared to 82.912 the year before (-10,4%).

Passenger car market in August 2022 posted 8.658 registrations compared to 6.198 the year before. Petrol passenger car registrations reached 4.156 units (48,0%), followed by 1.903 hybrids (23,0%), 1.654 diesel cars (16,3%), 363 plug-in hybrid (4,2%), 198 electrical ones (2,3%) and 61 CNG-powered cars (0,7%). 48,9% 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 up by 10,2% in August compared to August 2021.

Since January 2022, 6.469 light trucks have been registered compared with 7.046 the same period in 2021                (-8,2%). Vanettes represents the highest share in the market (71,2%) followed by Pick-ups with a market share of 14,0%.

Vanettes represent the highest share in the light commercial vehicle market 63,6%, followed by Vans with a market share of 20,7%.

Light commercial vehicles market posted 1.079 registrations in August 2022 compared to 979 the year before                (10,2%).

Commercial Vehicles
(gross weight over 3.5 tons)

New: The commercial vehicle market was up by 27,6% in August compared to August 2021.

Since the beginning of the year, 494 units were registered as compared to 385 the year before, suggesting an increase of +28,3%.

In August 2022, 37 trucks were sold in total compared to 29 trucks 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 decreased in August by -63,6%, as compared to August 2021.

During the first eight months of the year, 151 buses were registered compared with 279 the year before (-45,9%).

Regarding August 2022, 2126 buses were registered compared to 33 buses in August 2021

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