Hungarians buy a new car in every third minute
Change language:
According to index.hu, 14,192 new cars went into circulation in June. In fact, this number is 30.6 pc higher than it was in 2017 June. Based on the first 6 months of the year the growth was 29 pc higher compared to the first half of 2017.
The car market is out of the pothole
The statement of the Hungarian Vehicle Importers Association (MGE) highlights that private owners are returning to the market. Thus, their rate already exceeds 40 pc. According to them, it is possible that a part of the company purchases also serves private purposes.
They added that both low interests and expired foreign currency loans cause increased consumption on the market. According to the association, in the first half of this year
70,736 new vehicles appeared on the roads.
In case of vans, merchants sold 31.1 pc more (2,145) than last year’s same period in Hungary. According to carinfo.hu, in the first half of 2018, the number of vans sold increased by 19.8 pc compared to last year’s same period. Thus, their altogether number reached 10,625.
According to the association, the market of vans has started to grow lately. In fact, MGE supports this category because in their viewpoint these can really help the growth of the SME sector.