Portugal 2023. Auto Market Reports An Outstanding Growth

34
The 2023 Renault Austral
The 2023 Renault Austral

Portuguese Auto Market in 2023 closed with a total of 199,572 sales, a 27.7% increase compared to last year. This strong momentum was also reflected in December which grew 12.8% with 16,635 new sales.

 

Market Trend and Outlook

The Portuguese Auto Market in 2023 reached a total of 199,572, an increase of 27.7% in year to year sales. The month of December 2023 maintained the momentum gained in the last months, growing for the 18th month in a row with 16,635 new car sales (+12.8%).

Looking at cumulative data from 2023 brand-wise, the leader remained Peugeot with 20,698 sales (+23.0%), followed by Renault in 2nd with 16,100 registrations (+25.4%) and  Mercedes with 14,812 units sold (+22.9%).

Dacia remained in 4th with 14,803 sales (+45.7%) followed by BMW at 13,963 (+44.0%), Volkswagen at 11,220 (+32.1%) and Toyota with 10,200 total sales (+13.0%).

Tesla grew 10 spots into 8th with 9,329 sales (+256.6%), followed by Citroen -down 2 spots- with 9,059 units sold (+0.5%) and Seat -up 3 spots- closed the top 10 with 8,291 sales (+35.5%).

Looking at specific models the Peugeot 2008 sold the most units, rising 12.8% from 2022. The second most sold car was the Dacia Sandero with a +27.1% in year-on-year volume.

 

Tables with sales figures

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

This content is for members only.
Login Join Now