Lada Hungary targets 1,100 car sales this year

Telco

Lada Hungary targets sales of about 1,100 Lada brand cars this year, up from 1,060 in 2017, Managing Director András Pataki said at a trade show in Budapest today.

Lada, which returned to the Hungarian market late in 2015, had an almost 1% market share last year, which it aims to preserve this year, Pataki said at the AMTS car show at Hungexpo, as cited by national news agency MTI.

Ladaʼs two new models will be available at 23 dealerships around the country from next week, he added. The cheapest Lada sells for under HUF 2 million and the most expensive for HUF 4.8 million. Some 311,000 Lada models, made by Russiaʼs AvtoVAZ, were sold worldwide last year.

Scope Assigns MOL BBB- Issuer Rating Ratings

Scope Assigns MOL BBB- Issuer Rating

Budapest Residents to Weigh in on Rákosrendező Development P... Issues

Budapest Residents to Weigh in on Rákosrendező Development P...

AutoWallis Becomes Importer of Geely Group’s Commercial EV B... Automotive

AutoWallis Becomes Importer of Geely Group’s Commercial EV B...

These Are the Most Sleep-friendly Hotels in Hungary Hotels

These Are the Most Sleep-friendly Hotels in Hungary

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.