Report: New car sales in Hungary climb almost 18% in June
The number of new passenger car registrations in Hungary saw a year-on-year growth of 17.5% to 7,348 in June, the Hungarian Association of Vehicle Importers (MGE) told Hungarian news agency MTI today.
Data by MGE suggest that first-half passenger car registrations were up by 12.1% at 37,025, while light commercial vehicle registrations rose by 11.1% to 1,456 in June and climbed 16.3% to HUF 8,176 in the first half of the year.
According to MGE’s forecast, full-year new passenger car sales are expected to increase by 15% reaching approximately 75,000, while LCV sales could rise by 6% to 17,000.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.