06 January 2024

Portugal Passenger Car Sales : 2023










December registrations were up 11% and for the year they increased 27%. That's not far off historical highs. Peugeot maintained its lead from rival and long time #1 Renault. Mercedes and BMW are surprisingly popular here. Tesla easily over doubled its 2022 market share. 

The 'Diff' column below shows market share change. Nearly all brands actually increased sales. However, the increase is slowing which may indicate pent up demand is being satisfied. 

Data source: ACAP.

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