ADVERTISEMENT

Importers project increase in new car registrations

Automotive

The Hungarian Association of Vehicle Importers (MGE) projects new passenger auto registrations will edge up to 125,000 this year from around 122,000 in 2021, according to autoszektor.hu.

MGE said the projection assumes deliveries of semiconductors and other parts in short supply will not "normalize" until the second half of the year "at the earliest."

MGE expects registrations of fully electric vehicles to climb to 5,000 this year from 4,312 in 2021.

It projects sales of light commercial vehicles will inch up to 24,000 from 23,000, while heavy commercial vehicle sales will climb to 9,000 from 4,518.

Motorcycle sales are set to increase to 4,800 from 4,600.

ADVERTISEMENT

Czech economic confidence improves in May Analysis

Czech economic confidence improves in May

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

Spring’s allergy season - the heat is on Interview

Spring’s allergy season - the heat is on

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500

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.