Greece Light Vehicles Sales rose 6% in Q1 2015.

Greece Light Vehicles Sales Peugeot-208_2016

Greece Light Vehicles Sales rose 6% in Q1 2015 albeit the country is again near bankruptcy and the new government has not yet found an agreement with European partners. Peugeot 208 boomed jumping in 4th place.

Country Outlook

The Greek economy grew in 2014 for the first time in six years, largely on the back of a recovery in private consumption and the external sector. However, Greece’s future is shrouded in uncertainty. The country is at the brink of bankruptcy and desperately needs additional financing from its European lenders.

On 27 March, Prime Minister Alexis Tspiras presented Greece’s newest reform plan, which includes previously discussed measures to reduce corruption and tax evasion. Tsipras also conceded to retain an unpopular property tax and increase the value added tax for Greek islands, although the proposal did not touch on reforms to the pension system or labor laws.

Further discussions with troika representatives are slated for this week, but at this point it is unlikely the latest plan will be enough to cement a deal and allow Greece to receive bailout extension funding.

Market Outlook

In March 2015 according to data released by the Association of Motor Vehicle Importers Representatives, the new Car Passengers sold in Greece have been 6.529, up 11.4% compared with the correspondent month last year.

Following the 2014 recovery the market is now uncertain. In january it fell 8.4% to recover in February and March and close the quarter with 17.271 sales, up a shy 4.0% from 2014.

Full Year 2015 is forecast at 77.000 vehicles, up 8.2% and it was confirmed at the end of first quarter.

Competitive Arena

The year started with high level of rebates and aggressive commercial offers by the leading brands. Toyota started very well, but in March struggled partially losing the advantage gained over the closer competitors. However Toyota ended the first quarter in first place with  2.148 units (+15.6%) with market share at 12.4%.

Behind, Volkswagen sold 1.671 vehicles (+9.1%) thanks to a great March with 717 sales (+9.6%). Third was Nissan with 1.563 sales (-5.6%).

In the last years, Peugeot had lost many dealers and had to reorganize the local structure. Now it is finally rewarded for the effort and in this quarter sales boomed 688% at 1.132 units, jumping in the 5th rank.

As far as the Groups performance, the leader was the Volkswagen Group with 19.2% of market share, ahead of Renault-Nissan with 12.9% and Toyota with 12.6%.

As far as Best-selling models, the Toyota Yaris was again on top with 1.238 sales (+19.2%) ahead of Volkswagen Polo with 794 (+14.2%) units and Opel Corsa with 776 (-0.1%). A huge sales increase was scored by the Peugeot 208, surged in 4th place with 676 sales (+569.3%).

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 Rank Q1 Brand Mar Q1 Var Mar Var Q1 Share Mar Share Q1
1 2 Volkswagen 717 1.671 9,6% 9,1% 11,0% 9,7%
2 3 Nissan 716 1.563 -28,2% -5,6% 11,0% 9,0%
3 1 Toyota 629 2.148 8,1% 15,6% 9,6% 12,4%
4 4 Opel 410 1.357 -17,3% -14,9% 6,3% 7,9%
5 5 Peugeot 389 1.132 548,3% 686,1% 6,0% 6,6%
6 8 Suzuki 372 830 22,0% 3,2% 5,7% 4,8%
7 9 Hyundai 366 808 149,0% -13,3% 5,6% 4,7%
8 6 Ford 349 1.009 -4,6% 2,6% 5,3% 5,8%
9 7 Citroen 325 1.004 37,7% -5,2% 5,0% 5,8%
10 10 Audi 310 692 84,5% 12,0% 4,7% 4,0%
11 13 BMW 253 561 4,5% 9,8% 3,9% 3,2%
12 12 Mercedes 241 571 2,1% 4,8% 3,7% 3,3%
13 14 Fiat 235 559 -24,2% -35,7% 3,6% 3,2%
14 15 Renault 222 558 53,1% 12,0% 3,4% 3,2%
15 11 Skoda 209 669 -10,7% -26,0% 3,2% 3,9%
16 16 Volvo 195 463 18,9% 16,0% 3,0% 2,7%
17 19 Mini 119 276 77,6% 71,4% 1,8% 1,6%
18 17 Kia 103 357 98,1% 56,6% 1,6% 2,1%
19 18 Seat 94 281 -19,7% -22,8% 1,4% 1,6%
20 23 Smart 73 102 356,3% 88,9% 1,1% 0,6%
21 20 Honda 36 127 -41,0% -20,6% 0,6% 0,7%
22 22 Dacia 35 108 59,1% 27,1% 0,5% 0,6%
23 21 Chevrolet 31 116 -24,4% -36,3% 0,5% 0,7%
24 25 Alfa Romeo 28 72 -50,0% -52,6% 0,4% 0,4%
25 24 Mitsubishi 23 86 9,5% 14,7% 0,4% 0,5%
26 26 Chrysler 19 62 533,3% 785,7% 0,3% 0,4%
27 27 Lancia 11 42 -80,0% -70,6% 0,2% 0,2%
28 28 Lexus 10 29 233,3% 190,0% 0,2% 0,2%
29 29 Land Rover 4 13 300,0% 85,7% 0,1% 0,1%
30 30 Subaru 3 7 50,0% -80,0% 0,0% 0,0%
31 31 Porsche 1 3 #DIV/0! 200,0% 0,0% 0,0%
Rank Rank Q1 Group Mar Q1 Var Mar Var Q1 Share Mar Share Q1
1 1 Volkswagen 1.331 3.316 13,5% -3,0% 20,4% 19,2%
2 2 Renault-Nissan 973 2.229 -16,4% -0,4% 14,9% 12,9%
3 4 PSA 714 2.136 141,2% 77,6% 10,9% 12,4%
4 3 Toyota 639 2.177 9,2% 16,4% 9,8% 12,6%
5 6 Hyundai-Kia 469 1.165 135,7% 0,4% 7,2% 6,7%
6 5 GM 441 1.473 -17,9% -17,1% 6,8% 8,5%
7 9 Suzuki 372 830 22,0% 3,2% 5,7% 4,8%
7 8 BMW 372 837 20,4% 24,6% 5,7% 4,8%
8 7 Ford 349 1.009 -4,6% 2,6% 5,3% 5,8%
9 11 Mercedes Daimler 314 673 24,6% 12,4% 4,8% 3,9%
10 10 FCA 293 738 -32,0% -37,6% 4,5% 4,3%
Rank Rank Q1 Model Mar Q1 Var Mar Var Q1 Share Mar Share Q1
1 1 Toyota Yaris 361 1.238 16,8% 19,2% 5,6% 7,4%
2 5 Nissan Micra 340 631 -41,5% -22,4% 5,3% 3,8%
3 2 Volkswagen Polo 317 794 -9,9% 14,2% 4,9% 4,7%
4 3 Opel Corsa 281 776 -7,0% -0,1% 4,4% 4,6%
5 9 Hyundai i20 244 477 114,0% -30,4% 3,8% 2,8%
6 4 Peugeot 208 240 676 458,1% 569,3% 3,7% 4,0%
7 7 Volkswagen Golf 219 528 27,3% 12,6% 3,4% 3,1%
8 11 Nissan Qashqai 204 439 580,0% 235,1% 3,2% 2,6%
9 6 Ford Fiesta 195 598 -24,4% -3,4% 3,0% 3,6%
10 10 Suzuki Swift 189 455 155,4% 40,0% 2,9% 2,7%
11 8 Citroen C3 177 486 30,1% -0,4% 2,8% 2,9%
12 16 Audi A3 172 304 230,8% 115,6% 2,7% 1,8%
13 13 Renault Clio 151 377 46,6% 6,8% 2,4% 2,2%
14 15 Volvo V40 149 346 39,3% 34,6% 2,3% 2,1%
15 12 Toyota Auris 118 433 0,0% 12,2% 1,8% 2,6%
16 19 Ford Focus 114 259 60,6% 5,7% 1,8% 1,5%
17 25 Volkswagen Up! 108 180 96,4% 4,0% 1,7% 1,1%
18 17 Fiat Panda 103 294 -4,6% -8,1% 1,6% 1,7%
19 32 BMW 1 Series 94 142 -14,5% -64,2% 1,5% 0,8%
20 18 Toyota Aygo 88 289 87,2% 82,9% 1,4% 1,7%
21 20 Skoda Octavia 85 225 16,4% -41,9% 1,3% 1,3%
22 23 Hyundai i10 77 188 541,7% 157,5% 1,2% 1,1%
23 21 Mini 75 200 200,0% 292,2% 1,2% 1,2%
24 14 Opel Astra 74 365 27,6% 26,7% 1,2% 2,2%
25 24 Mercedes GLA Class 73 185 630,0% 560,7% 1,1% 1,1%
26 34 Suzuki Celerio 65 128 6400,0% 4166,7% 1,0% 0,8%
27 40 Fiat 500 62 115 -60,8% -63,5% 1,0% 0,7%
28 45 Smart Fortwo 59 75 268,8% 38,9% 0,9% 0,4%
29 30 Peugeot 108 58 147 #DIV/0! #DIV/0! 0,9% 0,9%
30 26 Nissan Note 52 172 -80,7% -62,1% 0,8% 1,0%
31 30 Mercedes A Class 51 147 -31,1% -45,4% 0,8% 0,9%
32 39 Citroen C1 49 116 122,7% 163,6% 0,8% 0,7%
33 29 Suzuki SX4 48 148 -31,4% -14,9% 0,7% 0,9%
33 28 Audi Q3 48 153 -9,4% -14,0% 0,7% 0,9%
33 22 Skoda Rapid 48 189 -42,9% -25,0% 0,7% 1,1%
34 40 Nissan Juke 46 115 64,3% -2,5% 0,7% 0,7%
35 32 Hyundai i30 45 142 114,3% -17,4% 0,7% 0,8%
35 33 Audi A1 45 140 15,4% 77,2% 0,7% 0,8%
36 32 Opel Mokka 44 142 -33,3% -16,5% 0,7% 0,8%
36 27 Kia Rio 44 165 46,7% 37,5% 0,7% 1,0%
37 62 Suzuki Vitara 42 42 #DIV/0! #DIV/0! 0,7% 0,2%
37 47 Mini Countryman 42 68 10,5% -25,3% 0,7% 0,4%
38 38 Toyota Corolla 41 117 -44,6% -26,9% 0,6% 0,7%
39 43 BMW X1 40 85 17,6% 3,7% 0,6% 0,5%
40 41 Renault Captur 38 101 -5,0% -8,2% 0,6% 0,6%

 

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