Car prices in Hungary exceed EU average
Tuesday, June 7, 2005, 08:05
The sale of diesel cars increased by over 40% in the last 12 months, while sales figures in other categories and prices in general stagnated, according to a recent market survey by PricewaterhouseCoopers. Car prices in Hungary are currently 3% above the European average. The overall price level has hardly changed since a significant price hike 1.5 years ago, but there have been differences between various market segments: while the price of small cars fell, premium category cars became slightly more expensive. A 1.8% decline in the price of diesel cars narrowed the price gap between cars running on diesel and gas.