Only two out of ten trucks are bought on credit, however demand for leasing trucks and agricultural machinery is starting to to pick up, according to the data published in the Q1 report of the supervisory body of financial institutions PSzÁF. The car lease and sale markets are undergoing significant changes.
Corporate fleets catalyze the vehicle market’s growth. The only sector of the vehicle lease market that starts picking up is corporate fleet financing. Companies already started replacing the old cars of the corporate fleets. Also, the slowly growing transport market and the strict environmental protection rules added to the growth of the market. Thanks to these factors sale of new trucks has grown with 120% comparing to last year. Earlier dominant players of the second hand car market have disappeared during the crisis, and this market start the post crisis life with less old players and a few new ones.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
