New car registrations up 2% in May

Automotive

Registrations of new passenger cars saw a year-on-year rise of 2%, reaching 5,883, in May as compared to the same month a year earlier, automotive industry monitor Jato Dynamics told Hungarian news agency MTI today.

Data by Jato Dynamics suggest that light commercial vehicle registrations fell by 11% to 1,217 during the period.

According the monitor, Ford was the overall market leader, with a market share of 13.3% and combined passenger and light commercial vehicle sales of 961. Opel led the passenger car segment with sales of 705, giving it 12% market share, while Ford was runner-up, followed by Skoda, Volkswagen and Suzuki.

Corporate sales accounted for three-fourths of new vehicle registrations.

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