Greece June. Fiat Panda roars (+92.2%) in a market up 4.5%

Greek Cars Market

Greek Cars Market registered a marginal improvement in June, with 13.133 sales (+4.5%). Despite declining in double-digits, Toyota held the crown, while Peugeot reduced the gap surging 18.1%. Fiat signed a fantastic performance, as the Fiat Panda boomed 92.2%.

 

Economic Environment

Greek’s economy weak momentum at the start of the year broadly carried over into Q2. April’s rebound in industrial output was short-lived as it contracted again in May. This, coupled with the manufacturing PMI sliding in May–June, points to a loss of dynamism in the goods-producing sector. Moreover, although unemployment fell markedly in April, retail sales contracted and consumers remained broadly as pessimistic in Q2 as in Q1, boding ill for household spending.

 

Market Trend

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. In the 2017, the market grew from 58.480 in the 2012 to 88.083.

According to data released by the Association of Motor Vehicle Importers Representatives, in the 2018 the car passenger’s market continued the fast recovering. Indeed, following the positive tone of recent years, sales have grown 17.4%, signing the 6th consecutive annual gain and a six-digit score for the first time since 2010, with 103.436 units sold. However, we are still far from the 2007 all-time record.

The 2019 started positively following the previous year’s track as in January sales grew 3.7%, with registrations at 9.210. In February the market gained 10.6% with 7.561 registrations.

However, in March the market fell in double-digit (-13.9%) recording 9.518 units. The year-to-date outcome is just slightly negative (-1.8%), thanks to the previous months’ positive trend, with 26.289 sales.

In April, the market showed a fantastic gain of 17.2% with 12.303 units, while in May the market suffered a gross speed reduction, but still registering +10.9% with 13.832 units. In June, registrations were marginally positive (+4.5%) at 13.133 units, keeping year-to-date figures up 5.2%, with 65.557 units sold.

 

Market Outlook

After the sharp fall registered in the 2008-2010 period of time, the Greek market is steadily recovering and it is seen to be keeping a positive tone during the 2019-2025 period of time.

Being interested to know more, give a look at this updated research. Clicking on the picture, you can see contents.

 

Competitive Arena

Brand-wise, year-to-date Toyota is still the market leader selling 6.621 cars (+2%) with 10.1% market share, ahead of Peugeot with 6.286 units (+15.3%), Fiat with 5.435 (+14.3%) and Volkswagen with 5.275 (+0.2%).

In fifth place, Opel with 4.804 (+17.4%), Hyundai with 4.553 (+31.4%), Suzuki with 4.299 (+14.6%), Citreon with 4.151 (+32.3%), Nissan with 3.737 (-27%) and at the end of the Top 10 Renault with 2.497 (+1.1%).

At model wise, the number one is the Toyota Yaris with 3.616 sales (+7.7%) followed by the Fiat Panda with 2.937 (+17.8%) and the Opel Corsa with 2.782 (+34.2%).

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

Rank 2019Rank 2018BrandSales YTD 2019Jun 2019'+/- YTD 2019 Var'+/- Jun 19Share YTD 2019Share June 2019
11Toyota6.6211.0452,0%-14,7%10,1%8,0%
23Peugeot6.2861.17215,3%18,1%9,6%8,9%
35Fiat5.4351.26014,6%62,8%8,3%9,6%
42Volkswagen5.2759550,2%-21,8%8,0%7,3%
56Opel4.80491817,4%39,5%7,3%7,0%
68Hyundai4.55390431,4%0,8%6,9%6,9%
77Suzuki4.29983514,6%-17,6%6,6%6,4%
89Citroen4.15181932,3%41,0%6,3%6,2%
94Nissan3.737870-27,0%-21,0%5,7%6,6%
1010Renault2.497752-1,1%87,1%3,8%5,7%
1113Skoda2.194526-2,3%27,7%3,3%4,0%
1212Mercedes2.1703263,1%-4,7%3,3%2,5%
1317Audi2.09138636,2%30,4%3,2%2,9%
1411Ford2.037311-14,5%-3,4%3,1%2,4%
1516Seat1.735584-10,3%22,4%2,6%4,4%
1614BMW1.6653217,9%4,6%2,5%2,4%
1715Kia1.571293-18,4%-39,7%2,4%2,2%
1820Dacia92919917,2%-18,8%1,4%1,5%
1919Mini875207-3,1%3,5%1,3%1,6%
2018Volvo8531767,8%-24,5%1,3%1,3%
2123Honda3625111,4%-7,3%0,6%0,4%
2225Mitsubishi32341119,7%86,4%0,5%0,3%
2321Jeep28435-58,4%-72,7%0,4%0,3%
2422Smart26144-24,6%-35,3%0,4%0,3%
2526Land Rover1593454,4%21,4%0,2%0,3%
2624Alfa Romeo15717-49,8%-66,7%0,2%0,1%
2727Jaguar62160,0%14,3%0,1%0,1%
2829Lexus491063,3%150,0%0,1%0,1%
2928Porsche46112,2%120,0%0,1%0,1%
3030Subaru35334,6%0,0%0,1%0,0%
3135Mazda217950,0%0,0%0,1%
3231Abarth20511,1%150,0%0,0%0,0%

Rank 2019Rank 2018GroupSales YTD 2019Jun 2019'+/- YTD 2019 Var'+/- Jun 19Share YTD 2019Share June 2019
11P.S.A.15.2412.90920,2%30,4%23,2%22,2%
22Volkswagen Group11.3412.4622,9%2,1%17,3%18,7%
33Renault Nissan Alliance7.4861.862-12,8%5,2%11,4%14,2%
44Toyota Group6.6701.0552,3%-14,2%10,2%8,0%
56Hyundai-Kia6.1241.19713,6%-13,4%9,3%9,1%
65F.C.A.5.8961.3172,4%37,8%9,0%10,0%
77Suzuki4.29983514,6%-17,6%6,6%6,4%
89BMW2.5405283,8%4,1%3,9%4,0%
98Mercedes Daimler2.431370-0,8%-9,8%3,7%2,8%
1010Ford Group2.037311-14,5%-3,4%3,1%2,4%

Rank 2019Rank 2018ModelsSales YTD 2019Sales June'+/- June'+/- YTD 2019
11Toyota Yaris3.616480-16,8%7,7%
23Fiat Panda2.93769092,2%17,8%
35Opel Corsa2.78251854,6%34,2%
42Volkswagen Polo2.308479-15,8%-0,3%
58Citroen C32.26647550,3%35,0%
64Peugeot 2082.22341751,6%-9,6%
79Nissan Qashqai1.87133145,2%21,1%
87Renault Clio1.856602115,8%4,3%
910Hyundai i201.4323097,7%-2,8%
106Nissan Micra1.412458-13,9%-37,0%
1112Hyundai i101.384267-35,8%14,1%
1223Fiat Tipo1.239324125,0%37,2%
1314Toyota Aygo1.156225-8,2%9,6%
1419Suzuki Swift1.076208-8,8%32,0%
1515Toyota C-HR1.06413517,4%36,8%
1611Opel Astra1.030173-8,5%-13,0%
1730Peugeot 1081.02619942,1%49,3%
1833Peugeot 300888714153,3%54,0%
1916Mercedes A Class84313527,4%7,0%
2039Suzuki Baleno830115-33,9%32,6%
2129volkswagen T-Roc806105-36,4%35,5%
2226Suzuki Ignis801157-12,3%16,4%
2325Suzuki Vitara79519125,7%17,3%
2418Kia Picanto773152-55,9%-25,8%
2531Peugeot 2008763122-10,9%32,7%
2678Hyundai Kona744163608,7%3134,8%
2713Ford Fiesta739127-14,2%-34,6%
2844Dacia Duster732137-29,0%41,0%
2932Audi A369611842,2%42,3%
3017BMW X1683117-30,8%-16,4%

(1967)

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