New car registrations climb almost 16% in July

Automotive

New car registrations in Hungary climbed 15.8% from a year earlier to 9,336 in July, the Hungarian Association of Vehicle Importers (MGE) said on Tuesday, as reported by state news agency MTI.

New car registrations in January-July, at 64,138, were up 18.7% compared to the corresponding seven-month period of 2016.

Sales of heavy commercial vehicles rose 8.5% to 3,229 in the first seven months of this year.

Motorcycle registrations climbed 28.8% to 285 in July, but rose just 3.6% to 1,649 in the first seven months of 2017.

Sales of heavy trailers rose 15.2% to 341 in July, and were up 15.8% at 2,342 in the first seven months.

Sales of light commercial vehicles fell 12% to 1,399 in July, and were down 12.4% at 10,265 in January-July.

Bus registrations amounted to 22 for the month, up 66.7%, and to 308 in the first seven months, an increase of 28.3%.

The MGE said it expects new car registrations to exceed 100,000 this year.

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