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New Car Registrations Fall 8.5% in 2022

Automotive

The number of new passenger car registrations in Hungary fell 8.5% to 111,524 in Hungary in 2022, the Hungarian Association of Vehicle Importers (MGE) said on Monday, citing figures compiled by Datahouse.

Fully electric cars accounted for 4.2% of the total and plug-in hybrids for 4.4%.

Light commercial vehicle registrations fell 23.2% to 17,652.

Heavy commercial vehicle registrations increased by 27.5% to 5,705.

Bus registrations dropped 31.7% to 691 and motorcycle registrations rose 12.9% to 5,197.

The number of used car registrations fell 4.5% to 137,412.

MGE projects the number of new passenger car registrations will reach 100,000 this year. It puts LCV sales at 20,000 and HCV sales at 4,800.

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