Tuesday, Oct 2, 2018. 12:41

New car registrations fall in third quarter

The number of new passenger car registrations in Hungary fell 7.4% year-on-year to 8,888 in the third quarter of 2018, the Hungarian Association of Vehicle Importers (MGE) said on Monday, citing figures compiled by DataHouse, as reported by automotive news site autoszektor.hu.

The number of light commercial vehicle (LCV) registrations rose 13.9% to 1,773, while the number of heavy commercial vehicle (HCV) registrations increased 13.7% to 604. New bus registrations were up 52% at 26. New motorcycle registrations increased 51% to 239.

For the period January-September, new passenger car registrations were up 26.5% at 104,617. New LCV registrations climbed 20.3% to 16,019 and new HCV registrations increased 21.3% to 5,054. New bus registrations edged down 2.4% to 445, but new motorcycle registrations increased 30.8% to 2,625.

There were 867 electric vehicles and 585 hybrid vehicles sold in January-September, nearly double the numbers in the base period.

The MGE noted that sales of electric cars are growing significantly, but still at small total numbers since potential markets are limited, autoszektor.hu reported.

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