Car dealers foresee two-digit growth in sales


Importers to Hungary expect a 13% increase in sales of new cars and an 11% increase in sales of used cars, primarily due to improving purchase power and the increasing number of replacements related to the aging of the car fleet, second hand car portal told Hungarian news agency MTI today.

The portal’s survey involved 16 vehicle importers, which represent more than 95% of the market for new cars. According to the surveyed importers, sales of new passenger cars could rise to 76,000 from last year’s 67,500, however, the 20% increase experience last year is unlikely to repeat itself this year.

Half of the interviewees said they expected a bigger increase in the segment of sales to private customers and the other 50% said they projected a bigger rise in the area of corporate and government fleets, the portal said.

The survey also included 18 of the largest second hand car dealers, who foresee an 11% increase in sales in 2015. The portal noted that the average age of passenger cars in Hungary exceeded 13 years last year.

Imports of used passenger cars rose by 37% to 97,000 last year. Almost all dealers agreed, said, that the dynamic increase in imports will continue in 2015, and predicts about a 21% growth or imports of about 118,000 used cars this year.


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