Vehicle importers in Hungary see 5% market growth in 2017
pixabay
Hungarian vehicle importers expect 5% market growth this year, the head of the Hungarian Association of Vehicle Importers (MGE) said today, according to Hungarian news agency MTI.
The MGE expects passenger car sales to rise 6% this year, climbing over 100,000 for the first year since the financial crisis, said MGE head Peter Erdélyi.
Light commercial vehicle sales are set to rise 3% to 24,000, he added.
Heavy commercial vehicle sales are seen stagnating at 5,500, while bus sales increase 22% to 500, and motorcycle sales rise 8% to 2,400.
Last year, passenger car sales rose 25% to 96,555. Sales of imported used cars were up 16% at 142,000.
Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...
Hungary to Address Future of Cohesion Policy During EU Presi...
2/3 of Hungarians Have Basic Expectation of Home Office
Time Out Market to Open in Budapest Next Year
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
