Croatia new cars market is moderately growing after Q3 2015.

Croatia new cars market Suzuki-Vitara_2015

Croatia new cars market is moderately growing after Q3 2015 albeit the economy is finally out of the deep recession started in the 2009. Volkswagen, Opel and Skoda are on podium while Suzuki Vitara was 4th in September.

Economic Outlook

Croatia’s economy expanded for the third quarter in a row in Q2 and marked the highest reading since Q3 2008.

The 1.2% expansion over the same period last year confirms that the economy, which has been in recession since 2009, is now entrenched on a solid recovery path. A rebound in the external sector, driven by renewed dynamism in the Eurozone, played a major role in the result.

Meanwhile, Croatian authorities decided to close the Serbian border to cargo traffic on 19 September in reaction to the migrant crisis. The decision threatens to harm both economic and diplomatic relations between the two countries, and this could have a significant impact on growth as Serbia is Croatia’s sixth-largest export market.

In the political arena, the country will be facing general elections in November, which will mainly position the ruling Social Democratic Party (SDP) against the opposition Croatian Democratic Union (HDZ). While the latter has been given a slight lead in the most recent polls, the elections are expected to be a close call.

Market Outlook

The automotive industry was severely hit by the 2009-2011 financial crisis mirroring the harsh economic conditions created in the country and not mitigated by the joining of the European Community.

Starting the fall during late 2008, the market has reported a deep fall until December 2013 ending that year with a peak low of 28.305 sales. In the 2014 a moderately recovery was fueled by shy economic factors, as low inflation and more cash available for car loans, while high unemployment limited the growth.

In the 2015 the positive path follows and, as reported by Autonet, the first half of the year ended with new car passengers sales up a shy 2.1%. During the third quarter the speed improved a little with July and August at +7.3% and September at +9.8%.

During the first three quarters of the year, sales had been 28.015, up 3.5% from the correspondent period last year.

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank Sep Rank 2015 Brand Sales Sep Sales Ytd Var Sep Var Ytd Share Sep Share Ytd
1 1 Volkswagen 341 4.599 13,7% 0,8% 15,6% 16,0%
2 3 Skoda 169 2.617 43,2% -9,7% 7,7% 9,1%
3 4 Renault 165 2.300 24,1% 43,8% 7,6% 8,0%
4 2 Opel 155 3.253 -4,9% -3,4% 7,1% 11,3%
5 5 Peugeot 142 1.649 30,3% -11,1% 6,5% 5,7%
6 7 Dacia 117 1.537 60,3% 114,4% 5,4% 5,3%
7 8 Kia 107 1.509 21,6% 56,5% 4,9% 5,2%
8 12 Suzuki 103 910 151,2% 99,1% 4,7% 3,2%
9 13 Mazda 99 806 7,6% 1,0% 4,5% 2,8%
10 9 Citroen 96 1.275 -7,7% -23,5% 4,4% 4,4%
11 10 Audi 95 1.111 25,0% 22,4% 4,4% 3,9%
12 11 Toyota 89 913 -36,4% -21,2% 4,1% 3,2%
13 6 Ford 87 1.638 52,6% 23,5% 4,0% 5,7%
14 18 Hyundai 78 537 -40,5% -60,6% 3,6% 1,9%
15 16 Mercedes 69 689 43,8% 32,0% 3,2% 2,4%
16 17 Nissan 59 590 -58,2% -23,3% 2,7% 2,0%
17 14 BMW 51 782 -5,6% 12,5% 2,3% 2,7%
18 15 Seat 39 746 254,5% 21,5% 1,8% 2,6%
19 19 Fiat 20 432 81,8% -13,1% 0,9% 1,5%
20 23 Volvo 17 100 21,4% -34,6% 0,8% 0,3%
21 21 Honda 16 135 -33,3% -33,2% 0,7% 0,5%
22 20 Mitsubishi 15 230 -48,3% 52,3% 0,7% 0,8%
23 26 Jeep 12 55 200,0% 83,3% 0,5% 0,2%
23 22 Mini 12 108 100,0% 54,3% 0,5% 0,4%
24 24 Smart 9 64 350,0% 88,2% 0,4% 0,2%
25 28 Porsche 6 34 #DIV/0! 70,0% 0,3% 0,1%
25 25 Subaru 6 61 0,0% 69,4% 0,3% 0,2%
26 29 Alfa Romeo 5 29 66,7% -29,3% 0,2% 0,1%
27 27 Land Rover 3 53 -57,1% 96,3% 0,1% 0,2%
28 30 Infiniti 1 10 #DIV/0! 400,0% 0,0% 0,0%
Rank Sep Rank 2015 Group Sales Sep Sales Ytd Var Sep Var Ytd Share Sep Share Ytd
1 1 Volkswagen 9.128 82.861 8,6% -2,0% 35,2% 34,9%
2 3 Hyundai-Kia 2.635 21.103 10,3% -4,6% 10,1% 8,9%
3 2 Renault-Nissan 2.519 23.960 -6,0% -1,3% 9,7% 10,1%
4 4 General Motors 1.901 17.615 -11,5% -0,6% 7,3% 7,4%
5 5 BMW 1.578 13.915 8,4% 0,8% 6,1% 5,9%
6 7 Ford 1.493 13.489 -8,2% -8,0% 5,7% 5,7%
7 8 FCA 1.408 12.318 29,5% 24,1% 5,4% 5,2%
8 6 PSA 1.366 13.728 -9,8% -5,4% 5,3% 5,8%
9 9 Mercedes Daimler 1.162 11.308 19,9% 15,6% 4,5% 4,8%
10 10 Mazda 841 7.552 -3,0% 1,0% 3,2% 3,2%
Rank Sep Rank 2015 Model Sales Sep YTD Sep Var Sep Var YTD Share Sep Share 2015
1 1 Volkswagen Golf 130 1.588 30,0% -1,3% 7,74% 7,0%
2 4 Skoda Octavia 104 1.176 50,7% -33,7% 6,19% 5,1%
3 7 Volkswagen Passat 81 921 84,1% 53,8% 4,82% 4,0%
4 25 Suzuki Vitara 68 296 4,05% 1,3%
5 3 Renault Clio 67 1.347 15,5% 103,8% 3,99% 5,9%
6 16 Dacia Duster 65 528 195,5% 161,7% 3,87% 2,3%
7 11 Kia Cee’d 64 732 52,4% 57,1% 3,81% 3,2%
8 5 Volkswagen Polo 63 1.061 -25,9% -14,2% 3,75% 4,6%
9 42 Hyundai Tucson 58 68 3,45% 0,3%
10 15 Peugeot 208 51 540 37,8% 0,9% 3,04% 2,4%

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