Flash Reports

Greek vehicle market still growing in first half 2015.

Greek vehicle market Nissan-Micra_2014

Greek vehicle market rebounded 15% in the first half albeit resurging economic difficulties. The second half would be really harsh as the country is back in recession and demand is struggling.

Economic Outlook

After months of uncertainty, Greece and its international lenders finally reached a tentative bailout agreement on 13 July designed to keep the debt-ridden country in the Eurozone. The agreement, which still needs to be finalized, could provide Greece up to EUR 86.0 billion over three years and contains a number of tough economic overhauls including reforms to pensions and tax increases.

While the tentative agreement helped pave the way for Greece to settle its debts with the International Monetary Fund and reopen the country’s banks, the country is not in the clear yet. The exact details of the bailout need to be agreed upon and while short-term implementation of reforms seems likely, there is a large risk that foot-dragging by the Greek government or political upheavals in the future could threaten long-term success of the program.

Market Outlook

Slow resurging from the negative low hit in the 2012, Greek market is n a positive track since almost two years.

In June, according to data released by the Association of Motor Vehicle Importers Representatives, the new Car Passengers sold  have been 8.999, up 13.0% compared with the correspondent month last year, the 5th year on year increase in a string.

The first half was really strong with cumulative sales at 43.141, up 15.1% from last year. The data are still very far from the record posted over ten years ago but is a good news while the country is living a so harsh time.

Competitive Arena

Despite struggling in June dropping in 4th place and losing over 19% of sales, Toyota defended the leadership in the first half with 4.563 sales (+9.1%) with market share at 10.6%, followed by the June leader, Nissan, which sold 4.188 cars (+14.0%) in the first half and by Volkswagen, third with 4.145 (+24.1%).

As far as best groups, in the first half the leader was Volkswagen with 19.1% of market share ahead of  Renault-Nissan with 13.5% and P.S.A. with 12.4%.

As far as the best-selling models ranking, the leader was the Toyota Yaris with 2.461 sales (+15.3%) followed by the Volkswagen Polo with 2.053 sales (+51.0%),  the Opel Corsa with 1.990 (++4.7%), the Nissan Micra with 1.645 units (+3.0%), Peugeot 208 with 1.639 (+200.7%) and Nissan Qasquai with 1.366 (+63.8%).

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 Jun Rank H1 Brand Jun 2015 H1 2015 Var Jun Var H1 Share Jun Share H1
1 2 Nissan 978 4.188 17,3% 14,0% 10,9% 9,7%
2 3 Volkswagen 804 4.145 48,9% 24,1% 8,9% 9,6%
3 4 Opel 720 3.502 -2,7% 2,3% 8,0% 8,1%
4 1 Toyota 655 4.563 -19,1% 9,1% 7,3% 10,6%
5 5 Peugeot 612 2.964 124,2% 251,6% 6,8% 6,9%
6 6 Suzuki 588 2.397 47,0% 16,6% 6,5% 5,5%
7 10 Hyundai 554 1.840 -12,9% -6,3% 6,2% 4,3%
8 8 Fiat 509 1.975 -11,9% -8,0% 5,7% 4,6%
9 17 Seat 503 1.071 32,4% -11,2% 5,6% 2,5%
10 7 Citroen 414 2.386 68,3% 30,5% 4,6% 5,5%
11 11 Mercedes 393 1.600 46,1% 32,5% 4,4% 3,7%
12 15 BMW 312 1.401 67,7% 20,3% 3,5% 3,2%
13 14 Renault 305 1.450 4,1% 20,6% 3,4% 3,4%
14 13 Skoda 298 1.465 -18,1% -23,7% 3,3% 3,4%
15 9 Ford 242 1.937 -29,0% -2,6% 2,7% 4,5%
16 12 Audi 225 1.569 -0,9% 15,3% 2,5% 3,6%
17 16 Volvo 196 1.143 35,2% 40,1% 2,2% 2,6%
18 18 Kia 184 912 28,7% 65,8% 2,0% 2,1%
19 19 Mini 119 637 54,5% 61,7% 1,3% 1,5%
20 22 Chevrolet 80 283 -37,0% -41,5% 0,9% 0,7%
21 20 Smart 75 425 650,0% 372,2% 0,8% 1,0%
22 21 Jeep 73 289 0,8% 0,7%
23 23 Honda 67 276 -9,5% -19,5% 0,7% 0,6%
24 25 Dacia 26 187 -64,4% -36,0% 0,3% 0,4%
24 26 Mitsubishi 26 154 -3,7% 0,7% 0,3% 0,4%
25 24 Alfa Romeo 15 188 -82,1% -46,1% 0,2% 0,4%
26 27 Lancia 7 77 -88,7% -77,6% 0,1% 0,2%
26 29 Lexus 7 47 16,7% 123,8% 0,1% 0,1%
27 31 Subaru 5 22 25,0% -51,1% 0,1% 0,1%
28 30 Land Rover 4 27 33,3% 92,9% 0,0% 0,1%
29 32 Porsche 2 11 0,0% 57,1% 0,0% 0,0%
30 33 SsangYong 1 9 0,0% 0,0%
Rank Jun Rank H1 Group Jun 2015 H1 2015 Var Jun Var H1 Share Jun Share H1
1 1 Volkswagen 1.832 8.261 21,1% 5,4% 20,4% 19,1%
2 2 Renault-Nissan 1.309 5.825 9,1% 12,7% 14,5% 13,5%
3 3 PSA 1.026 5.350 97,7% 100,2% 11,4% 12,4%
4 5 General Motors 800 3.785 -7,7% -3,1% 8,9% 8,8%
5 6 Hyundai-Kia 738 2.752 -5,3% 9,5% 8,2% 6,4%
6 4 Toyota 662 4.610 -18,9% 9,7% 7,4% 10,7%
7 7 FCA 604 2.600 -17,6% -9,6% 6,7% 6,0%
8 8 Suzuki 588 2.397 47,0% 16,6% 6,5% 5,6%
9 10 Mercedes Daimler 468 2.025 67,7% 56,0% 5,2% 4,7%
10 9 BMW 431 2.038 63,9% 30,7% 4,8% 4,7%
Rank Jun Rank H1 Model Jun 2015 H1 2015 Jun Var H1 Var Share Jun Share H1
1 2 Volkswagen Polo 439 2.053 108,1% 51,0% 5,0% 4,9%
2 4 Nissan Micra 425 1.645 37,1% 3,0% 4,8% 3,9%
3 3 Opel Corsa 383 1.990 -3,3% 4,7% 4,3% 4,7%
4 1 Toyota Yaris 356 2.461 -20,9% 15,3% 4,0% 5,8%
5 10 Fiat Panda 328 1.069 16,3% 15,6% 3,7% 2,5%
6 17 Suzuki Celerio 325 789 32400,0% 13050,0% 3,7% 1,9%
7 5 Peugeot 208 323 1.639 92,3% 200,7% 3,7% 3,9%
8 19 Hyundai i10 301 748 840,6% 479,8% 3,4% 1,8%
9 24 Seat Ibiza 261 495 128,9% 24,4% 3,0% 1,2%
10 11 Renault Clio 245 1.054 5,2% 18,2% 2,8% 2,5%
11 6 Nissan Qashqai 231 1.363 -20,6% 63,8% 2,6% 3,2%
12 16 Hyundai i20 217 810 -59,3% -46,1% 2,5% 1,9%
12 12 Opel Astra 217 929 -10,7% 36,6% 2,5% 2,2%
13 26 Nissan Note 197 468 48,1% -41,4% 2,2% 1,1%
14 14 Toyota Aygo 185 901 122,9% 52,2% 2,1% 2,1%
15 25 Mercedes A Class 174 480 62,6% -1,4% 2,0% 1,1%
16 7 Citroen C3 166 1.144 9,9% 23,9% 1,9% 2,7%
17 8 Volkswagen Golf 159 1.105 16,1% 21,6% 1,8% 2,6%
18 15 Volvo V40 152 862 23,6% 46,8% 1,7% 2,0%
19 28 Citroen C1 151 431 1577,8% 419,3% 1,7% 1,0%
20 21 Peugeot 108 144 664 #DIV/0! #DIV/0! 1,6% 1,6%
21 9 Ford Fiesta 133 1.095 -39,8% -17,0% 1,5% 2,6%
22 31 Kia Picanto 115 389 40,2% 77,6% 1,3% 0,9%
23 23 Skoda Octavia 113 541 4,6% -22,4% 1,3% 1,3%
24 20 Audi A3 111 730 1,8% 36,2% 1,3% 1,7%
25 45 Seat Leon 109 252 45,3% -3,8% 1,2% 0,6%
26 22 BMW 1 Series 108 548 71,4% -25,3% 1,2% 1,3%
27 13 Suzuki Swift 106 921 -7,8% 38,7% 1,2% 2,2%
28 32 Skoda Citigo 97 364 -34,5% -9,0% 1,1% 0,9%
29 39 Suzuki Vitara 95 283 #DIV/0! #DIV/0! 1,1% 0,7%
29 52 Seat Mii 95 210 -41,7% -56,8% 1,1% 0,5%
30 27 Volkswagen Up! 93 458 10,7% -16,7% 1,1% 1,1%

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