AAA Auto Hungary’s used car sales grow

Automotive

Used car sales of Czech-based trader AAA Auto peaked in the September-October period at 8,500, rising from 6,300 recorded in the equivalent period a year earlier, based on in-house data for sales across its international network of over 40 dealerships and outlets, according to a press statement sent to the Budapest Business Journal.

AAA Auto’s data for the peak period this year also showed that the average price for used cars sold in Hungary across its branches was HUF 1,640,000, versus HUF 2,150,000 on average for the same period across the entire group. The peak period also saw an increase in demand for heated seats, with 71% more Hungarian customers wanting this option in 2016 versus 2015. 

“The European used car market has two peaks – spring and autumn. The autumn peak is caused by customers looking to buy a new car after the holidays and before winter. In Hungary this peak comes in September and October, but sales tend to remain stronger afterwards in Hungary than they do in other AAA Auto markets,” said Karolína Topolová, CEO of AAA Auto International.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.