Both used and new car sales slump in Hungary in August

Eight-month balance still shows growth, though

New passenger car registrations drop 1.6% yr/yr in Hungary in February

Slackening after good start, but monthly increase still good

Hungarians are on the hunt for used cars, with the Opel Astra the number one favourite

July was a very strong month for the car market

Hungarian car market revs up in June 2024

H1 growth is also considerable

Used car market could take off in Hungary in the coming months

Lower average prices and more favourable lending rates are expected

Hungarian second-hand car market slow to take off, turnaround seen in H2

Brand composition of imported cars changed

This is why few Hungarians can afford to buy new cars

Wage increase cannot match this

Sales of electric cars have gone up in Hungary

While the domestic car market was struggling

Domestic used car market so buoyant that it could even break last year's record

Despite all the challenges, turnover increased significantly in the second half of the year

Hungary used car sales seen exceeding even 2022 record

Turnaround may be around the corner

Hungary new passenger car market zippy

New passenger car registrations grow 20% in Hungary in July

Hungary new car registrations dip 15% yr/yr in Dec11