Hungarians buy a new car in every third minute

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.

The number of trucks sold in June increased by 3.4 pc, which means that 544 of them has started to circulate on the roads. This implies that

the growth of the market continues in this regard, as well.

In fact, this depends mostly on the fleet expansion of big transporters – they added.

Suzuki is the most popular

The market of heavy trailers grew by 8.1 pc compared to last year in Hungary. Data show that owners mostly changed their old appliances to new ones. Interestingly, demand was for such vehicles was not only remarkable from Western-European, but also from Eastern-European countries and the Balkans. However, MGE upholds its prognosis and expects moderate decrease on the market in this sector for 2018.

According to carinfo.hu,

Suzuki was the most popular car

in the first half year of 2018. This means that merchants sold 11,533 pieces while 7,027 of Ford, 6,441 of Skoda, 5,713 of Opel and 5,083 of Toyota. Compared to the last year the list did not change with the exception that Opel and Skoda swapped their places

Source: index.hu