Used car sales up 4% in third quarter
Used car sales and average prices have both risen in the third quarter in Hungary. Prices have grown most for MPVs, according to online used car portal hasznaltauto.hu.
Used car sales in Hungary rose 4% year-on-year to 180,000 in the third quarter. Prices climbed more than 3% on average, according to figures released by hasznaltauto.hu, cited by business news site vg.hu. MPV prices grew 13%, while SUV prices did not rise more than the inflation rate.
Regarding brands, the most popular used cars sold were Opel, Suzuki, Volkswagen, Ford and Renault. Among imported cars, Volkswagen had the highest rate, at 12%.
According to László Fodor, sales director of hasznaltauto.hu, this year used car sales in Hungary could reach 700,000 vehicles.
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.