Market News
The Greek automotive market (June 2024)
Passenger cars
New: The new passenger car market was up by +5,6% in June compared to the same period in 2023.
In the first six months of 2024, 78.020 new passenger cars have been registered compared to 70.362 the year before (+10,9%).
Passenger car market in June 2024 posted 14.147 registrations compared to 6.323 the year before. Hybrid passenger car registrations reached 6.323 units (44,7%), followed by 5.227 petrol cars (36,9%), 1.030 diesel cars (7,3%),752 electrical ones (5,3%) and 579 plug-in hybrid cars (4,1%). 55,8% 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 up by +18,8% in June compared to June 2023.
Since January 2024, 5.303 light trucks have been registered compared with 5.529 the same period in 2023 (-4,1%). Pick-ups represent the highest share in the market (42,8%) followed by Vanettes with a market share of 38,1%.
Pick-ups represent the highest share in the light commercial vehicle market (41,4%), followed by Vanettes with a market share of 36,6%.
Light commercial vehicles market posted 1.375 registrations in June 2024 compared to 1.157 the year before (+18,8%).
Commercial Vehicles
(gross weight over 3.5 tons)
New: The commercial vehicle market was down by -29,0% compared to June 2023.
Since the beginning of the year, 598 units were registered as compared to 407 the year before, suggesting an increase of +46,9%.
In June 2024, 71 trucks were sold in total, compared with 100 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 June by +8,1%, as compared to June 2023.
During the first six months of the year, 503 buses were registered compared with 141 the year before (+256,7%).
Regarding June 2024, 40 buses were registered compared to 37 buses in June 2023.
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