Slovenian Car Market growth is accelerating in 2024. YTD figures at 42,336 increased by 6.8% while October sales gained 15.2% in year-on-year volume and reached 4,208.
Market Trend and Outlook
Slovenia’s economy is set to grow by 2.3% in 2024, driven by disinflation and recovering private consumption. Inflation remains elevated due to strong wage growth, challenging competitiveness. Fiscal pressures from ageing costs and flood reconstruction require urgent consolidation. Tight financial conditions are cooling the real estate market, while reforms are needed to boost housing supply, gender equality, and labour participation.
Accelerating emissions reductions and renewable energy deployment is critical for achieving climate goals, amid rising transport emissions and persistent reliance on coal. Geopolitical risks and economic fallout from Ukraine remain key uncertainties.
For what concerns the slovenian car market, it consistently grew throughout 2024 and in October it posted an impressive growth rate of 15.2%, totaling 4,208. YTD figures at 42,336 gained 6.8% compared to the prior year.
Looking at cumulative data up to October 2024 brand-wise, the leader remained Volkswagen with 5,807 sales (+1.9%), followed by Skoda with 4,722 (+3.3%) and Renault with 4,410 registrations (+30.3%).
Toyota ranked in 4th with 2,751 (+0.5%), in front of Peugeot -up 1 spot- at 2,559 (+22.9%), Hyundai -up 1 spot- with 2,326 (+18%) and Kia -down 2 spots- with 2,003 sales (-10.1%).
Dacia maintained 8th spot with 1,870 sales (+14.2%), followed by Audi in 9th with 1,693 sales (+7.2%) and Citroen, in 10th with 1,514 new car registrations (-1.9%).
Looking at specific model the Renault Clio became the best seller rising 107.1% in sales from the prior year and climbing 2 spots, followed by previous year’s leader the Skoda Octavia, down 0.9% and one spot.
Medium-Term Market Trend
The Slovenian auto market has had many ups and downs in recent years. Demand for passenger cars fluctuated between 48k and 60k from 2010 to 2015. The market then started to gain momentum breaking the 60k resistance in 2016, finishing the year at 63,563. The uptrend continued for a few years reaching the current all-time high of 81,473 sales in 2018. Momentum then slowed down in 2019 that closed at 81,420 sales.
The arrival of the pandemic in 2020 forced many European countries to implement the lockdown, blocking entire economies. The Slovenian car market dropped 26.8% because of this, closing the year at 59,621.
Post-pandemic demand for passenger cars began a slow recovery in 2021 (+5.5%), that came to a halt in the following year. In fact, 2022 totaled 46,111 sales, a 14.2% loss from the previous year. A combination of factors are behind the current industry struggle: the disruption in the global supply chain caused by a lack of raw materials, in particular for the production of microchips, and the Governments push towards Evs.
Tables with sales figures
In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.
