Report: New car registrations grow y.o.y. 18%


New passenger car registrations in Hungary saw a year-on-year rise of 18%, to 5,914, in February, with light commercial vehicle registrations increasing by a y.o.y. 31% to 1,242, automotive industry information service Jato Dynamics told Hungarian news agency MTI today.

As in January, Ford was the overall market leader in February, controlling approximately 13.4% of the market by selling a total of 969 vehicles. Skoda finished the month as leader of the passenger car segment with sales reaching 880. Fiat came in as leader of the LCV segment, selling 108 vehicles.

The market shows no sign of change with respect to the ratio of corporate and retail sales. Corporate sales account for 81% of new passenger car registrations while retail sales make up 19% of the total.


Hungarians Want to Live to 96 Analysis

Hungarians Want to Live to 96

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Wizz Air Malta Names Managing Director Appointments

Wizz Air Malta Names Managing Director

2 Protests to Take Place in Budapest on Aug 20 City

2 Protests to Take Place in Budapest on Aug 20


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.