New Passenger Car Registrations Return to 2008 Level
Photo by oatzpenz studio / Shutterstock.com
New passenger car registrations in Hungary reached 163,000 in 2019, finally returning to levels last seen in 2008, on the cusp of the global economic and financial crisis, according to data from the Central Statistical Office (KSH).
Photo by oatzpenz studio / Shutterstock.com
The number of new car registrations in 2019 was above the 155,000 registered in 2008 and but under the 174,000 seen in 2007.
The number of new cars registered in Hungary fell sharply after 2008 and didnʼt edge back over 100,000 until 2016. KSH noted that 2,900 new electric vehicles were registered in 2019.
There were 3.812 million passenger cars registered in Hungary at the end of last year. The average age of those vehicles was 14.4 years.
MOL Shareholders Approve Dividend of Around HUF 250/Share
Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...
LOT Seoul Flight Lands in Kazakhstan Due to Drunken Passenge...
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
