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Car dealers appeal to govt to bring shadow economy into light

Automotive industry insiders made a plea to politicians on Monday to put a spotlight on the shadow economy.

Janos Eppel, managing director of Porsche Hungaria, a big Hungarian car seller, told Parliament's Business Regulations Sub-committee that more than 300 of Hungary's 1,200 car dealers had gone bankrupt over the past two years and another 300-400 were in danger of going bust. He asked the state to give legal dealers and legal maintenance and repair services a chance against people in the segment who work in the grey economy.

Istvan Knezsik, who heads the Grand Auto Coalition, proposed to the committee making turning back odometers a crime.

Sub-committee chairman Miklos Sesztak also made a call for "whitening" the segment.