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Hungary new car sales plunge more than 77%

New car sales in Hungary plunged 77.4% to 2,518 in August from the same month a year earlier, after dropping almost 73% in the previous month, auto industry research company Jato Dynamics said on Monday.

The August drop was bigger than in any of the other 26 European countries in which Jato compiled data.

New car sales in January-August plummeted 57.1% to 45,937.

In August, Suzuki took the top spot after being beaten by Ford in the previous month. Suzuki sold 360 new cars, albeit 87.3% fewer than in the same month a year earlier. Suzuki's market share was 14.3%. (MTI-ECONEWS)