Greece Cars Market in First Half 2016 rebounded fast

Greece Cars Market in First Half of 2016

Greece Cars Market in First Half 2016 rebounded fast despite the persistent economic recession. Scoring an outstanding improvement, the Nissan Micra was the new guest on the podium.

Economic Outlook

Greece’s GDP contracted significantly in the first quarter of the year and recent economic indicators suggest that a recovery remains elusive.

While some improvements have been recorded in economic data—the manufacturing PMI returned to expansionary territory in June—overall the picture is bleak as high unemployment persists and austerity dampens consumption.

In addition, the Brexit vote has sparked concerns over the implications for one of the Eurozone’s shakiest economies. A large share of incoming tourists to Greece are from the UK, which is expected to face weaker growth prospects following the vote.

On a positive note, fears of a near-term Grexit have been dispelled as the country has made over EUR 2.5 billion in debt repayments in recent weeks and its international creditors gave the green light to ease capital controls in mid-July.

Market Outlook

After the critical period of the first three months, the Greek car market had recorded an amazing recovery in double figures in the following months, with a small break in June .

According to data released by the Association of Motor Vehicle Importers Representatives, in April cars passenger had been 9.735 (+24.8%), followed by an intense May with 13.489 (+48.7%), while June at 8.863 was a little down (only 1.5%).

In first half of 2016 total registrations had been 47.413, up 9.9% compared to the same period last year.

Competitive Arena

During the first half of  the 2016, the new leader was Toyota with 5.481 (+20.1%) with market share at 11.6%, followed by Nissan with 5.115 units (+22.1%), Opel with 4.071 sales (+16.2%), Volkswagen with 3.941 (-4.9%) and Peugeot with 3.902 (+31.6%).

Among the others, great scores were posted by BMW (+70.9%) and Jeep (+81.3%).

Volkswagen dominated the performance by group with market share at 15.8%, followed by Renault-Nissan with 15.1%, PSA with 13.0%, Toyota with 11.6% and General Motors with 8.9%.

Leader of the best-selling models ranking was the Toyota Yaris with 2.938 (+19.4%), ahead to the Nissan Micra with 2.394 (+44.0%) and the Opel Corsa with 2.215 (+11.3%).

The ranking of the best-selling models in the year with the top 100 is features in the dedicated report here.

low, 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 JuneRank H1 2016BrandSales JuneSales H1 2016Var JuneVar H1 2016Share JuneShare H1 2016
11Toyota1.1965.48182,6%20,1%13,5%11,6%
22Nissan1.0075.1153,0%22,1%11,4%10,8%
34Volkswagen6873.941-14,6%-4,9%7,8%8,3%
45Peugeot6833.90211,6%31,6%7,7%8,2%
53Opel5894.071-18,2%16,2%6,6%8,6%
56Fiat5892.85815,7%44,7%6,6%6,0%
612Renault4971.73663,0%19,7%5,6%3,7%
710Citroen4602.27611,1%-4,6%5,2%4,8%
811Ford4472.14984,7%10,9%5,0%4,5%
914Seat4411.144-12,3%6,8%5,0%2,4%
108BMW4022.38728,8%70,9%4,5%5,0%
117Suzuki3842.595-34,7%8,3%4,3%5,5%
129Mercedes3412.288-13,2%43,0%3,8%4,8%
1313Audi2451.6708,9%7,8%2,8%3,5%
1418Kia168561-8,7%-38,5%1,9%1,2%
1516Mini13584913,4%33,3%1,5%1,8%
1620Hyundai102456-81,6%-75,2%1,2%1,0%
1722Dacia97309273,1%65,2%1,1%0,7%
1815Volvo95891-51,5%-22,0%1,1%1,9%
1917Skoda65712-78,2%-51,4%0,7%1,5%
2021Smart57428-24,0%0,7%0,6%0,9%
2124Alfa Romeo48268220,0%42,6%0,5%0,6%
2223Honda39303-41,8%9,8%0,4%0,6%
2319Jeep32524-56,2%81,3%0,4%1,1%
2427SsangYong18791700,0%777,8%0,2%0,2%
2529Land Rover1339225,0%44,4%0,1%0,1%
2626Mitsubishi889-69,2%-42,2%0,1%0,2%
2725Chevrolet5129-93,8%-54,4%0,1%0,3%
2831Subaru320-40,0%-9,1%0,0%0,0%
2832Abarth314#DIV/0!55,6%0,0%0,0%
2933Porsche2110,0%0,0%0,0%0,0%
2928Mazda275#DIV/0!#DIV/0!0,0%0,2%
2930Lexus222-71,4%-53,2%0,0%0,0%
3033Lancia111-85,7%-85,7%0,0%0,0%
Rank JuneRank H1 2016GroupSales JuneSales H1 2016Var JuneVar H1 2016Share JuneShare H1 2016
12Renault-Nissan1.6017.16022,3%22,9%18,1%15,1%
21Volkswagen1.4407.478-21,4%-9,3%16,2%15,8%
34Toyota1.1985.50381,0%19,4%13,5%11,6%
43PSA1.1436.17811,4%15,5%12,9%13,0%
56FCA6733.67511,4%44,8%7,6%7,8%
65General Motors5944.200-25,8%11,0%6,7%8,9%
77BMW5373.23624,6%59,1%6,1%6,8%
810Ford4472.14984,7%10,9%5,0%4,5%
98Mercedes Daimler3982.716-15,0%34,1%4,5%5,7%
109Suzuki3842.595-34,7%8,3%4,3%5,5%
1111Hyundai-Kia2701.017-63,4%-63,0%3,0%2,1%
1212Geely Group95891-51,5%-22,0%1,1%1,9%
1313Honda39303-41,8%9,8%0,4%0,6%
1415Mahindra Group18791700,0%777,8%0,2%0,2%
1517Tata1347225,0%74,1%0,1%0,1%
Rank JuneRank H1 2016ModelSales JuneSales H1 2016Var JuneVar H1 2016Share JuneShare H1 2016
12Nissan Micra6252.39445,7%44,0%7,2%5,2%
21Toyota Yaris5602.93857,3%19,4%6,4%6,3%
38Renault Clio4131.32568,6%25,7%4,7%2,9%
44Fiat Panda3641.68611,0%57,7%4,2%3,6%
513Toyota Aygo30493164,3%3,3%3,5%2,0%
66Volkswagen Polo2991.632-31,9%-20,5%3,4%3,5%
73Opel Corsa2882.215-24,8%11,3%3,3%4,8%
831Seat Leon261455139,4%80,6%3,0%1,0%
95Peugeot 2082601.651-19,5%0,7%3,0%3,6%
1011Toyota Auris2591.090245,3%40,5%3,0%2,4%
117Nissan Qashqai2291.438-0,9%9,2%2,6%3,1%
1210Volkswagen Golf2231.10240,3%-0,3%2,6%2,4%
1315Ford Fiesta21387860,2%-19,8%2,4%1,9%
149Opel Astra1941.217-10,6%31,0%2,2%2,6%
1514Peugeot 10818688829,2%33,7%2,1%1,9%
1627Citroen C118353121,2%23,2%2,1%1,1%
1718Suzuki Vitara16278870,5%178,4%1,9%1,7%
1816Ford Focus161870103,8%58,8%1,9%1,9%
1933Seat Ibiza133415-49,0%-16,2%1,5%0,9%
2019Citroen C3129784-22,3%-31,5%1,5%1,7%
2150Kia Picanto1212475,2%-36,5%1,4%0,5%
2222BMW X1120636252,9%227,8%1,4%1,4%
2312Mercedes A Class113934-35,1%94,6%1,3%2,0%
2421Peugeot 308101670114,9%175,7%1,2%1,4%
2520BMW 1 Series98745-9,3%35,9%1,1%1,6%
2646Dacia Duster84257320,0%94,7%1,0%0,6%
2623Suzuki Swift84590-20,8%-35,9%1,0%1,3%
2730Mini79485-12,2%13,6%0,9%1,0%
2836Audi Q37740045,3%12,4%0,9%0,9%
2943Citroen C475278108,3%4,1%0,9%0,6%
2957Peugeot 30175211177,8%160,5%0,9%0,5%
3024Mercedes GLA69584-15,9%44,2%0,8%1,3%
3135Opel Mokka65406-3,0%20,8%0,7%0,9%
3240Audi A16336657,5%17,7%0,7%0,8%
3355Fiat Tipo622140,7%0,5%
3425Audi A360553-45,9%-20,7%0,7%1,2%
3517Suzuki Celerio57817-82,5%3,5%0,7%1,8%
3539BMW 2 Series5737711,8%114,2%0,7%0,8%
3645Renault Captur5426368,8%19,0%0,6%0,6%
3761Hyundai i2053181-75,6%-77,7%0,6%0,4%
3826Nissan Pulsar525380,0%71,9%0,6%1,2%
3937Toyota Corolla4938775,0%37,7%0,6%0,8%
4041Citroen C4 Cactus48348166,7%36,5%0,6%0,8%
4058Volkswagen Touran48208860,0%593,3%0,6%0,4%

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