Portugal’s car market in 2021 rises just 0.8% with 146,637 sales, reporting a positive performance only in Q2 because of the extremely low sales in Q2 2020. Peugeot overtakes the previous leader Renault, and rises 11%.
The Portuguese car market started the year very negatively, performed impressively in Q2 due to the extremely low sales numbers in Q2 2020 and then started falling in double-digits again in the second half of the year.
The financial crisis in 2008/2009 hit Portugal and the Portuguese automotive industry more than any other country in Europe, except Greece, and the market lost over 75% of pre-crisis volume in three years.
However, since 2012 the economy started to recover and was followed by the auto industry, which scored 6 years of growth from 2012 when a negative peak of below 100,000 units was hit, and 2018, when car sales were 225,825. In 2019 the market pushed the brakes, ending the year at 223,796 sales (-2.1%).
Due to the COVID-19 pandemic sales have plummeted in 2020. In fact, sales have been 145,417, reporting a decline of 35% compared to 2019.
In 2021 the year started negatively for the Portuguese market, in fact, in Q1 31,039 units have been sold, reporting a 31.4% decrease in sales, followed by a huge increase in Q2, reporting a 157.6% increase in sales with 50,406 units due to the very low volumes in Q2 2020.
In Q3 sales started falling again in double-digits, losing 23.8% sales with 31,080 units, and remained down 14.2% in Q4 with 34,112 units.
Indeed, Full-Year sales for 2021 have been 146,637, reporting just a 0.8% increase compared to 2019.
Brand-wise, this year the new leader Peugeot (+11%) gained 1.1% market share, overtaking Renault (-17.1%), which lost 2.3% share, and followed by Mercedes which lost 1.7% share, falling 17.2%. BMW gained 7.1%, followed by Citroen which gained 4.9%.
Toyota -up 5 spots- reached 6th place and gained 26.9%, followed by Hyundai, which rose 5 spots and reported the best performance by gaining 49.3% sales, and by Volkswagen -up 1 spot- which gained 7.8%. Closing the leaderboard we have Seat -down 1 spot- losing 10.4% this year and Nissan which fell 4 spots, losing 18.8% and reported the worst performance.
The most sold vehicle this year remains the Renault Clio (+5.4%) with 8,424 units sold, followed by the Peugeot 2008 (+61.9%) registering 7,742 new sales this year. The Renault Captur (+64.4%) enters the podium by jumping 1 spot with 6,955 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