Market News

The Greek automotive market (December 2022)

Passenger cars

New: The new passenger car market was up by +14,7% in December compared with the same period the year before.

Overall, the passenger car market posted 105.282 registrations as compared to 108.680 registrations the year before, down by -3,1%.

Passenger car market in December 2022 posted 6.486 registrations compared to 5.655 the year before. Petrol passenger car registrations reached 2.611 units (40,3%), followed by 1.425 hybrids (22,0%), 1.225 diesel cars (18,9%), 499 plug-in hybrids (7,7%), 310 electrical ones (4,8%) and 35 CNG-powered cars (0,5%). 46,2% 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: Light commercial vehicle market is up by 15,1% compared to December 2021 by posting 763 registrations compared to 663 registrations the year before.

In 2021, 9.665 light trucks have been registered compared with 10.423 the same period in 2021 (-7,3%). Vanettes represents the highest share in the market (35,3%) followed by Van cars with a market share of 33,4%.

Concerning December 2022, Vanette cars represent the highest share in the light commercial vehicle market (40,3%) followed by Pick-up cars with a market share of 31,2%.

Commercial Vehicles
(gross weight over 3.5 tons)

New: The commercial vehicle market in December was down by -36,1% compared to the corresponding month in 2021.

In 2022, 676 units were registered as compared to 567 the year before, suggesting an increase of +19,2%.

In December 2022, 46 trucks were sold in total, compared with 72 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 was down in December by -5,6% compared to December 2021.

In 2022, 261 buses were registered compared with 454 the year before (-42,5%).

Regarding December 2022, 68 buses were sold in total as opposed to 72 buses in December 2021 (-5,6%).

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