Serbia Vehicles Sales recovered in the Q2 2015.

Serbia Vehicles Sales

Serbia Vehicles Sales recovered in the second quarter 2015 ending the first half in a shy but positive results, following three years of decline. Fiat market leader with 15.3% of market share.

Economic Outlook

Economic activity remained in the doldrums in the first quarter, with the economy contracting for the fifth consecutive period. Recent data, however, show that the economy improved markedly in Q2. GDP expanded 0.9% annually in Q2, which contrasted the 1.8% drop tallied in Q1 and represented the first expansion since Q4 2013.

While on 25 July the government adopted a bill to reduce the number of civil servants in order to cut its debt burden, three days later Finance Minister Dusan Vujovic announced a budget deficit of 1.0% of GDP in the first half of the year.

Market Outlook

Following five quarters of consecutive declines, the second quarter 2015 finally reported a moderate recovery in line with better data arriving by the economic environment.

Following three years of decline the 2015 was expected to a recovery while the first half started very harsh. However, according to data released by the local Association of Car Manufacturers, total new light passengers vehicles sold in the second quarter had been positive with April +6.1%, May +5.9% and June +2.4%. June sales had been2.085.

During the first half of the 2015 total light vehicles sales had been 10.692, up a shy but relevant 0.3%.

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 JunRank H1BrandJun 2015H1 2015Var JunVar H1Share JunShare H1
12Fiat3051.65427,1%7,0%14,6%15,5%
21Skoda2811.906-7,3%6,0%13,5%17,9%
34Ford232832182,9%23,4%11,1%7,8%
43Volkswagen189996-28,1%-16,6%9,1%9,3%
58Toyota18657370,6%16,7%8,9%5,4%
67Opel18063789,5%23,4%8,6%6,0%
75Dacia158791-3,1%16,5%7,6%7,4%
86Renault115683-36,8%13,3%5,5%6,4%
99Kia11448837,3%4,1%5,5%4,6%
1011Audi51305-19,0%-3,2%2,4%2,9%
1112Suzuki5020378,6%10,9%2,4%1,9%
1215Peugeot37155208,3%80,2%1,8%1,5%
1310Mazda3630956,5%119,1%1,7%2,9%
1413BMW3520116,7%11,0%1,7%1,9%
1514Nissan34179-8,1%17,8%1,6%1,7%
1619Jeep2084185,7%200,0%1,0%0,8%
1717Honda17132-39,3%-26,7%0,8%1,2%
1820Mitsubishi117157,1%184,0%0,5%0,7%
1924Mini730-12,5%3,4%0,3%0,3%
2022Great Wall6340,3%0,3%
2023Volvo633-14,3%0,0%0,3%0,3%
2021Land Rover645-25,0%40,6%0,3%0,4%
2125Porsche229-80,0%-27,5%0,1%0,3%
2116Hyundai2144-98,9%-82,6%0,1%1,4%
2127Seat217-33,3%-32,0%0,1%0,2%
2126Alfa Romeo223-50,0%109,1%0,1%0,2%
2228Subaru111-50,0%37,5%0,0%0,1%
Rank JunRank H1GroupJun 2015H1 2015Var JunVar H1Share JunShare H1
11Volkswagen5253.253-18,2%-3,5%25,2%30,4%
22FCA3271.76128,2%9,3%15,7%16,5%
33Renault-Nissan3071.655-21,3%4,8%14,7%15,5%
44Ford232832182,9%23,4%11,1%7,8%
57Toyota18657370,6%16,7%8,9%5,4%
65General Motors18063742,9%-1,2%8,6%6,0%
76Hyundai-Kia116632-55,2%-51,2%5,6%5,9%
811Suzuki5020378,6%10,9%2,4%1,9%
910BMW4223110,5%10,0%2,0%2,2%
109PSA3724812,1%115,7%1,8%2,3%

 

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