A significant fall of car sales in Greece were recorded in the first quarter of 2012. Only 23,292 cars have been sold in the past few months, about 41 percent less than last year’s sales.
Numbers show that the financial crisis affects everything negatively; car vendors did not manage to avoid this fall. They, in collaboration with the Greek goverment, have done everything to encourage people buy new cars – from offers and discounts to setting free the old law prohibiting diesel engines. They also announced an offer of money to people willing to recall old cars, under the condition that they buy a new one.
According to reports of the National Statistical Service of Greece, from January to March 2012, 23,292 cars (either new or used coming from other countries) were put on the market, about 31.8 percent less than 2011 car sales. This drop was not the first, 2010 also was affected.
As for new motorbikes (over 50cc), they also follow a decreasing course. About 4000 motorbikes less than 2011 have been sold this quarter. Comparing the number of motorbike buyers of 2011 to that of 2010 would unfortunately come to the same conclusion.
A drop in sales is not negative for car sellers only, but for the entire Greek economy, since many other professionals also deal with the same drops as time goes on.
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