Serbia Auto Industry in 2015 up in double-digit thanks to a roaring Q4.

Serbia Auto Industry in 2015

Serbia Auto Industry in 2015 up in double-digit thanks to a roaring Q4 when sales improved 33% over the correspondent period in the previous year, Fiat’s sales boomed gaining the market leadership over Skoda.

Economic Outlook

Earlier this month, Prime Minister Aleksandar Vucic called for snap general elections two years before the end of the current government’s mandate. Although the governing coalition led by the Serbian Progressive Party (SNP) has a majority in Parliament, Vucic seeks to consolidate SNP’s position and ensure an extension of his mandate before embarking on a new round of austerity measures as requested by the IMF under the Stand-By Arrangement.

The elections will likely be held in late April together with the local and municipal polls. Recent opinion polls show that the SNP will likely triumph on the ballot. The change in government is not expected to bring about big deviations in economic policy, with the SNP continuing along the same pro-EU policies.

Recent data show that the Serbian economy continued to recover in the final quarter of 2015. In December, industrial production recorded another double-digit growth rate and retail sales accelerated notably.

Market Outlook

Q4 2015 was astonishing with market booming over 33% from the correspondent period in the previous year and the 2015 could end with a remarkable increase after years of difficulties mainly due to the extremely weak economic trend in the country.

Full year 2015 sales had been 21.666, up 10.0%.

Thanks to a tremendous Q4 performance, Fiat has taken the leadership with 3.845 sales (+34.5%) with 17.6% of market share, 0.4 points of share better than the former leader, Skoda, arrived at 3.749 sales (+11.0%).

Third was Volkswagen with 1.921 sales (+2.1%), followed by Ford with 1522 (+44.4%), Opel with 1.464 (+39.6%), Dacia with 1.386 (+2.5%) and Renault with 1.260 (+23.5%).

The Fiat 500L was the best-selling model with 1.819 registrations (+68.1%) ahead of the Skoda Fabia with 1.194 and the Skoda Rapid with 1.085.

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 DecRank 2015BrandDec2015Var2015 VarDec %2015 %
21Fiat3853.84563,8%34,5%18,6%17,6%
12Skoda3873.74922,9%11,0%18,7%17,2%
73Volkswagen1041.921-9,6%2,1%5,0%8,8%
34Ford1751.52288,2%44,4%8,5%7,0%
45Opel1641.46482,2%39,6%7,9%6,7%
66Dacia1111.38615,6%2,5%5,4%6,3%
87Renault851.26028,8%23,5%4,1%5,8%
98Toyota731.041-37,1%4,6%3,5%4,8%
109Kia64889-20,0%5,5%3,1%4,1%
1210Audi5663293,1%7,5%2,7%2,9%
511Hyundai1165350,0%-66,8%5,6%2,4%
1512Mazda37501428,6%90,5%1,8%2,3%
1313Citroen4743111,9%288,3%2,3%2,0%
1414BMW4640548,4%6,0%2,2%1,9%
1615Nissan3639924,1%5,0%1,7%1,8%
1816Suzuki22388-8,3%17,9%1,1%1,8%
1117Peugeot61383165,2%150,3%3,0%1,8%
2118Honda9231-65,4%-26,7%0,4%1,1%
1919Jeep20229185,7%281,7%1,0%1,0%
1720Land Rover2312421,1%67,6%1,1%0,6%
2021Mitsubishi17112183,3%57,7%0,8%0,5%
2222Volvo6750,0%4,2%0,3%0,3%
2322Porsche475-20,0%11,9%0,2%0,3%
2323Mini458-20,0%-7,9%0,2%0,3%
2224Alfa Romeo656200,0%124,0%0,3%0,3%
2625Great Wall153#DIV/0!#DIV/0!0,0%0,2%
2526Seat2250,0%-82,1%0,1%0,1%
2426Subaru325-25,0%-10,7%0,1%0,1%
2727Lada-13-100,0%-95,9%0,0%0,1%
2628Infiniti111#DIV/0!#DIV/0!0,0%0,1%
Rank DecRank 2015GroupDec2015Var2015 VarDec %2015 %
11Volkswagen5536.40218,7%5,7%26,8%29,3%
22FCA4114.13068,4%38,6%19,9%18,9%
33Renault-Nissan2333.0699,4%0,0%11,3%14,1%
54Ford1751.52288,2%44,4%8,5%7,0%
65General Motors1641.46482,2%24,3%7,9%6,7%
46Hyundai-Kia1801.424-8,2%-42,0%8,7%6,5%
87Toyota731.041-37,1%4,6%3,5%4,8%
78PSA10881466,2%208,3%5,2%3,7%
109Mazda37501428,6%90,5%1,8%2,3%
910BMW5046338,9%4,0%2,4%2,1%
Share 2015Share 2014ModelSales 2015Sale 20142015 Var
9,9%13,7%Fiat 500L1.8191.08268,1%
6,5%15,1%Skoda Fabia1.1941.1860,7%
5,9%5,2%Skoda Rapid1.085408165,9%
3,1%0,0%Opel Astra570-
2,8%4,2%Skoda Superb51232955,5%
2,7%5,9%Kia Cee’d5034667,9%
2,7%0,0%Volkswagen Golf492-
2,7%3,8%Renault Clio49130362,0%
2,4%3,2%Dacia Duster45025477,2%
2,3%4,5%Fiat Doblo43035720,4%

 

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