Serbia 2023. Volkswagen Dominates A Positive Car Market (+6.4%)

The 2024 Subaru Crosstrek Wilderness
The 2024 Subaru Crosstrek Wilderness

Serbia car market moderately growth in 2023. Full year sales have been 30.683 (+6.4%) Volkswagen group (+34,4%) dominates the market with over 33% of share and Skoda and VW as best performing brands.

Market Trend and Outlook

The Serbian vehicle market grew with full year figures at 30,683, while being up 6.4% from the previous year. December grew, for the 5th consecutive month, after falling 2.2% in July, reporting 2,903 new vehicle sales (+16.4%). 

Looking at cumulative data up to December 2023 brand-wise, the leader Skoda reports 6,673 sales (+12.7%), followed by Volkswagen -up 7 spots- at 3,115 (+90.2%). Renault maintains 3rd position with a 2,787 new registrations (+5.1%).

Hyundai gains 1 spot into 4th with 2,597 sales (+25.7%), followed by Toyota -up 1 spot- at 2,574 sales (+25.5%), Fiat  -down 4 spots- at 2,487 (-40.2%), Kia -down 3 spots- at 2,215 (+3.0%) and Citroen -down 1 spot- maintaining 8th spot with 1,766 cumulative registrations (-9.0%).

Dacia falls 1 spot into 9th spot with 1,564 registrations (-12.6%) and Opel -up 1 spot- closes the top 10 with 939 cumulative sales  (+37.9%).

The Skoda Octavia is the best selling model with a 42.7% increase in volume compared to 2022, followed by the Skoda Scala, up 39.5% and 16 spots.

Tables with sales figures

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

This content is for members only.
Login Join Now