New car sales climb 5% in Jan-Sep
The number of new passenger car registrations in Hungary rose 5% to 95,541 in January-September from the same period a year earlier, the Hungarian Association of Vehicle Importers (MGE) said based on figures compiled by DataHouse.
MGE noted that around 30% of those vehicles will not remain on the road in Hungary but will be re-exported for various business reasons within half a year, a practice, the association added, that does not benefit the national fleet.
In September alone, new passenger car registrations dropped 17% year-on-year to 9,524.
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