Are you sure?

Foreign demand boosts sales of new HGV lorries in Hungary

The number of new HGV (heavy-goods vehicle) lorries registered in Hungary in January-August 2010 rose by one-quarter from one year earlier, while sales of commercial vehicles declined by one-third, business daily Világgazdaság said on Thursday, quoting figures from DataHouse Kft.

In the first eight months, 820 HGV's were registered, 24.4% more than a year ago, while the number of newly registered other lorries fell 31.1% to 388.

This is partly due to the fact that while the domestic road-haulage market declined, the international market showed growth, and HGV lorries are primarily used by companies to meet foreign orders. Another factor is that many businesses could no longer put off the replacement of their lorries after delaying investments in 2008-2009. (MTI-Econews)