Average age of Hungarians cars rises to 12.5 years

Automotive

The average age of cars on Hungarian roads rose to 12.5 years in 2012, daily Népszabadság said on Tuesday, citing data from the Central Statistics Office (KSH). A year earlier, the average age was 12 years. The average age fell from 16 years in 1991 to 10.3 years in 2006, but has risen since. The average age is two years more than the European Union average and three years more than the average in Western Europe. There were 2,986,028 cars and 414,405 commercial vehicles on Hungarian roads last year, national registration data show.

MNB Business Confidence Index Slips in March MNB

MNB Business Confidence Index Slips in March

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Richter Shareholders Approve HUF 423/Share Dividend Pharma

Richter Shareholders Approve HUF 423/Share Dividend

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

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.