Greece May. Peugeot up in second place near to Toyota

Greek Cars Market in May kept the outstanding momentum with 12.467 sales, up 16.9%, fueled by the gradually strengthening economy. Strong sales on 208 pushed up Peugeot in second place, just behind the traditional leader, Toyota.

Greek economy appears to be gradually strengthening, as it continues on a recovery path after years of crisis. GDP grew for a fourth consecutive period in Q4 2017, and the available data for Q1 suggests that growth firmed at the start of 2018. The unemployment rate dropped in January, and the manufacturing PMI pointed to healthy expansion in March, albeit receding slightly from February’s multi-year high. Moreover, recent data revealed that last year’s primary fiscal surplus came in at 4.2% of GDP, more than doubling bailout targets.

Greek vehicles market is recovering after the sharp fall reported during the harsh 2008-2010 financial crisis and, since the 2012, the car passenger’s segment improved substantially. According to data released by the Association of Motor Vehicle Importers Representatives, the market grew from 58.480 in the 2012 to 88.083 in the 2017.

 Sales 2012Sales 2013Sales 2014Sales 2015Sales 2016Sales 2017Sales 2018 e
Car58.48058.69371.22275.84478.87288.08395.822
LCV3.7003.4314.8855.6085.6186.6277.215
Total62.18062.12476.10781.45284.49094.710103.036

 2012 Var2013 Var2014 Var2015 Var2016 Var2017 Var2018 var e
Car-40,0%0,5%21,4%6,5%4,0%11,7%8,8%
LCV-41,8%-7,4%42,6%14,8%0,2%18,0%8,9%
Total-40,1%0,0%22,6%7,0%3,8%12,1%8,8%

Greek new car passenger’s  2018 outlook is still positive and the market is foreseen to kept momentum. Indeed the start of the year was really strong and even better than expectations, with January sales at 8.885 units (++37.5%) and February at 6.838 (+31.7%) and in March 11.053 (+17.0%) ending the first quarter at 26.776 (+26.9%). In April sales were 10.495 (+24.2%) and in May 12.467 (+16.9%) with Year to Date figures at 49.746 (+23.7%).

Brand wise, Toyota was the market leader selling 5.267 cars (+17.1%) ahead of Peugeot with 4.458 (+32.1%), Volkswagen with 4.041 units (+10.2%), Nissan with 4.016 (+17.5%), Fiat with 3.967 (+37.9%) Opel with 3.434 (+17.0%), and Suzuki with 2.738 (+5.3%).

At model wise, the number one was the Toyota Yaris with 2.730 sales (+19.5%) followed by the Peugeot 208 with 2.185 (+60.7%) and the Fiat Panda with 2.135 (+61.4%).

Ranking of the best-selling models is featured in the dedicated report here.

Research, Consulting, Data & Forecast

F2M covers intensively this market with several products developed to help any investigation required. Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2025. AutoData in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.  See details within Greece Corner Store.

Rank 2018Rank 2017BrandSales 2018Sales MayVariation 2018Variation MayShare 2018Share May
11Toyota5.2671.05417,1%-8,4%10,6%8,5%
25Peugeot4.4581.00632,1%9,8%9,0%8,1%
33Volkswagen4.04193910,2%-6,4%8,1%7,5%
42Nissan4.01682517,5%-8,3%8,1%6,6%
56Fiat3.9671.40737,9%54,6%8,0%11,3%
64Opel3.43483717,0%21,0%6,9%6,7%
77Suzuki2.7385455,3%-14,2%5,5%4,4%
89Hyundai2.56969461,6%19,7%5,2%5,6%
98Citroen2.55779831,9%36,4%5,1%6,4%
1012Renault2.12462640,8%99,4%4,3%5,0%
1111Ford2.06040330,8%35,2%4,1%3,2%
1214Skoda1.83441529,1%21,3%3,7%3,3%
1310Mercedes1.763412-4,0%-14,9%3,5%3,3%
1416Seat1.45744372,8%11,0%2,9%3,6%
1519Kia1.440475131,9%348,1%2,9%3,8%
1615Audi1.239276-17,0%-13,2%2,5%2,2%
1713BMW1.236334-6,8%-15,7%2,5%2,7%
1817Mini70326625,5%91,4%1,4%2,1%
1918Volvo5581240,4%0,0%1,1%1,0%
2020Jeep55517040,5%107,3%1,1%1,4%
2121Dacia548147161,0%177,4%1,1%1,2%
2223Smart2788943,3%39,1%0,6%0,7%
2322Honda2703513,4%-35,2%0,5%0,3%
2424Alfa Romeo262687,8%1,5%0,5%0,5%
2525Mitsubishi12517145,1%-15,0%0,3%0,1%
2626Land Rover751729,3%54,5%0,2%0,1%
2730Jaguar4814380,0%250,0%0,1%0,1%
2828Porsche401342,9%116,7%0,1%0,1%
2931Lexus266
3032Subaru235
3131Abarth165
3229SsangYong51
3334Maserati2
3327Mazda21
3437Tesla1
3435Bentley1

Rank 2018Rank 2017GroupSales 2018Sales MayVariation 2018Variation MayShare 2018Share May
11P.S.A.10.4492.64126,7%20,4%21,0%21,2%
22Volkswagen Group8.6122.08615,5%0,8%17,3%16,7%
33Renault Nissan Alliance6.8131.61531,3%25,5%13,7%13,0%
44Toyota M.C.5.2931.06017,4%-8,1%10,6%8,5%
55F.C.A.4.8021.65035,8%55,4%9,7%13,2%
67Hyundai-Kia4.0091.16981,3%70,4%8,1%9,4%
76Suzuki2.7385455,3%-14,2%5,5%4,4%
810Ford M.C.2.06040330,8%35,2%4,1%3,2%
99Mercedes Benz2.0415010,5%-8,6%4,1%4,0%
108BMW1.9396002,8%12,1%3,9%4,8%

Rank 2018Rank 2017MODELSales 2018Sales MayVariation 2018Variation May
11Toyota Yaris2.78051319,5%15,5%
24Peugeot 2082.18539460,7%0,5%
33Fiat Panda2.13582161,4%97,4%
48Volkswagen Polo1.74642030,1%-6,0%
52Opel Corsa1.73845624,7%37,3%
65Nissan Micra1.71125521,4%-38,7%
77Renault Clio1.50044535,7%75,2%
89Citroen C31.36340622,7%18,7%
96Nissan Qashqai1.31723812,5%-9,2%
1011Hyundai i201.18636746,2%63,1%
1110Opel Astra995214-10,4%-19,5%
1219Ford Fiesta982157131,1%282,9%
1313Toyota Aygo8101815,7%-33,9%
1416Hyundai i1079726426,1%-15,7%
1515Fiat Tipo7592479,8%6,9%
1656Kia Picanto697346161,0%948,5%
1720Mercedes A Class68213035,0%-16,1%
1830Seat Ibiza66921754,1%-18,7%
1929Toyota C-HR66314663,7%50,5%
2012BMW X16482062,4%8,4%
2117Toyota Auris644140-6,5%-38,6%
2214Volkswagen Golf616127-9,7%2,4%
2321Suzuki Swift5877012,2%-40,2%
2426Volkswagen Tiguan5691042,9%-2,8%
2527Peugeot 108547183-11,2%17,3%
2641Citroen C154220950,6%86,6%
2723Nissan Pulsar5391489,6%10,4%
2825Suzuki Vitara52612035,9%36,4%
2937Suzuki Ignis5098943,0%93,5%
3033Skoda Octavia48812313,8%241,7%

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