Industry insiders augur stagnating new car sales
The Hungarian Association of Vehicle Importers (MGE) expects new car sales this year to reach 155,000, slightly under last yearʼs sales, Hungarian news agency MTI reports.
MGE chairman Péter Erdélyi on Tuesday said the professional association expects little change in sales this year, though it sees sales of fully-electric vehicles climbing 40%.
Last year, new car registrations in Hungary rose 15.6% to 157,906, according to Datahouse.
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.