Industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Greece new cars market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
- The new cars market consists of the initial retail sale/registration of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s and other related vehicles. The market value is calculated at retail selling price (RSP) and the market volume is given in terms of units sold. Market shares consist of motor manufacturing groups as opposed to their individual brands, i.e. for the Volkswagen Group this includes all of its brands such as Volkswagen, Audi, Skoda, Seat etc. Any currency conversions used in this report have been calculated at constant 2017 annual average exchange rates.
- The Greek new cars market had total revenues of $2.1bn in 2017, representing a compound annual growth rate (CAGR) of 12.6% between 2013 and 2017.
- Market consumption volume increased with a CAGR of 10.7% between 2013 and 2017, to reach a total of 88.1 thousand units in 2017.
- Weak demand leading up to 2013, due to the economic crisis, increased the age of an already aging fleet, eventually inducing cumulative demand for new cars during 2014-2017.