Greece 2020. Renault enters the leaderboard in a market down almost 30%

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Greece car market
The 2021 Peugeot 5008

Greek auto market in 2020 falls by 29.1% as the pandemic and lockdowns affect sales. Full-Year sales have been 80.906, while Renault enters the leaderboard by reporting the top 10 hold (-16.4%).

Market  Trend

The Greek car market has been harshly hit in 2020 by the world-wide COVID-19 pandemic, which has impacted sales significantly.

The market was recovering after the sharp fall reported during the harsh 2008-2010 financial crisis and, since 2012, the car passenger’s segment improved substantially. In 2018, the market grew from 58.480 in 2012 to 103.436, and in 2019 signed the 7th consecutive year of growth. Indeed, Total sales in 2019 have been 114.110, growing in double-digits (+10.3%).

After starting the year in a positive trend (+6.2%), the market quickly collapsed in March as the virus struck. In fact, in March the Greek Government introduced stricter regulations, starting from March 10 with national school closures in affected areas, followed by retail closures on March 16, and eventually a national lockdown from March 23.

The sharpest drop in sales this year was in April when sales declined by 80.2%. In the following months, the recovery has been slower than most European countries, with growth in the second half of the year reported only in September (+20.5%) and November (+2.4%).

Indeed, Full-Year sales for 2020 have been 80.906, reporting a decline of 29.1% compared to 2019.

Greece monthly variation in sales 2020
Greece monthly variation in sales 2020

Brand-wise, this year the leader Toyota (-18.3%) gained 1.7% market share, followed by Peugeot (-21.9%), which gained 0.9% share, and Volkswagen which gained 0.2% share despite falling 27.3%.  Hyundai remained in 4th place and lost 31.9%, followed by Opel which lost 38%.

Nissan -up 3 spots- reached 6th place and lost 29.4%, followed by Citroen (-43.6%) and Mercedes -up 2 spots- losing 18.4% sales. Closing the leaderboard we have Suzuki -down 1 spot- reporting the worst performance by falling 43.7% followed on the other hand by Renault -up 1 spot- which reported the top 10 hold by falling 16.4%.

The most sold vehicle this year remains the Toyota Yaris (-34.8%) with 4.560 units sold, followed by the Peugeot 208 (-22%)entering the podium by jumping 3 spots and registering 2.735 new sales this year. The Nissan Qashqai (-20.6%) -up 3 spots- closes the podium and reports 2.734 new units sold.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.

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