Hungary new vehicle registrations halve in April
New passenger car registrations in Hungary fell 50.3% year-on-year to 6,170 in April, the first full month of the restrictions imposed due to the pandemic, citing data compiled by the European Automobile Manufacturersʼ Association (ACEA).
In January-April, passenger car registrations in Hungary reached 38,800, down 16.9% from a year earlier.
In the whole of the European Union, passenger car registrations plunged by 76.3% in April, the biggest drop ever recorded.
In the first four months of 2020, car registrations dropped 38.5% in the EU.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.