Used Car Imports Show Double-digit Decline

Automotive

Image by Shutterstock.com

The number of used car imports to Hungary fell 19% year-on-year to 9,663 in November, used car website JoAutok.hu said on Monday, citing figures compiled by Datahouse.

For the period January-November, used car imports dropped 3% year-on-year to 118,583. Volkswagens were the most popular make, accounting for 12% of imports. Opels were the runner-up, making up 10%, followed by Fords, which accounted for 9% of the total.

JoAutok.hu noted that new car sales in Hungary declined 8.5% to 103,525 during the same period.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.