MGE: New car registrations grow 14% in January

Automotive

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New car registrations in Hungary rose 14.1% in year-on-year terms in January, reaching 5,567, the Hungarian Vehicle Importers Association (MGE) said today, according to Hungarian news agency MTI.

Data by MGE show that commercial vehicle registrations fell 3.4%, to 1,308; heavy commercial vehicle registrations dropped 30.3%, to 331; bus registrations were up 286%, to 54; and motorcycle registrations fell 16.7% to 60, MTI reported.

The association foresees the registration of 80,000 new cars, 18,000 light commercial vehicles and 5,700 heavy commercial vehicles, 2,200 motorcycles and 600 buses, MTI reported.

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