Used Car Imports Over 9,000 in May
Image by Shutterstock.com
The number of imported used cars registered in Hungary reached 9,234 in May, climbing 13% from April, but falling 25% from the same month a year earlier, listings site JoAutok.hu said on Monday, citing figures compiled by Datahouse.
For the period January-May, used car imports fell 24% year-on-year to 44,102.
New car registrations edged down 2% to 47,089 during the same period.
JoAutok.hu noted the impact of higher credit costs on the car market.
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.