According to O Jornal Económico, Standvirtual in collaboration with the Portuguese Automobile Trade Association (ACAP), held a webinar to present the automotive market barometer.

The online event was attended by several industry figures, including Miguel Branco (Director of Special Sales, RAC and Defleet at SIVA), Paulo Neves (Responsible for Used Cars at Volvo Car Portugal), Maria Neffe (Statistical Economic Department at ACAP), Pedro Soares (Commercial Director at Standvirtual), Daniel Rocha (Director of Studies and Planning at Standvirtual) and Nuno Castel-Branco (General Director of Standvirtual).

The main objective of the webinar was to disclose the most relevant data on the automotive market verified in February 2025 and discuss current trends in the sector.

The data reveals that the dynamics of the automotive market remain positive, with a 30% increase in demand compared to the same month in 2024, while supply registered a slight decrease of 1%.

Demand for vehicles under €15,000 rose by 44%, while cars in the €15,000 to €30,000 range saw a 22% increase. However, the supply of vehicles under €15,000 increased by 11%, while the supply of cars between €15,000 and €30,000 and above this value decreased by 3% and 1%, respectively.

The webinar also highlighted that the transfer of ownership of light passenger vehicles grew by 3.9% in January 2025 compared to the same month of the previous year, although it registered a decrease of 9.7% compared to January 2019.

In terms of imported vehicles, there was a growth of 12.7% in February 2025 compared to the same month of the previous year, and a significant increase of 55.5% compared to February 2019.

Regarding the average price of vehicles charged by professional sellers, this showed a slight decrease, standing at 23,700 euros, which represents a reduction of 2.5% compared to February 2024, when the average price was 24,300 euros.

Data provided by BCA indicate that prices in commerce decreased slightly in February compared to the previous month, while in retail there was an increase compared to January 2025.

Finally, according to ACAP, the new car market registered a decrease of 2% in February 2025 compared to the same month of the previous year, accumulating a decrease of 5.4% in the year.

Alternative energies represented around 57% of the total light vehicle market, with 20% electric vehicles, 26% hybrid electric vehicles (HEV) and 11% plug-in hybrid vehicles (PHEV), values ​​higher than the 48% recorded in February 2024.