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Expat Life in Budapest, Hungary - News, Events, Movies, Restaurants, Jobs, Schools, Sport, Clubs in the Hungarian Capital
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 Friday 29 August 2008
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Expat Life in Budapest, Hungary - News, Events, Movies, Restaurants, Jobs, Schools, Sport, Clubs in the Hungarian Capital

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New Car Sales Dwindle In Hungary In 2007

New Car Sales Dwindle In Hungary In 2007
"The sale of new cars dropped by 5.8% year on year in Hungary in 2007, the Association of Hungarian Vehicle Importers (MGE) announced on Tuesday.


A total of 176,978 new vehicles, including passenger cars and SUVs, were sold in Hungary last year, 5.8% less than in 2006, the MGE said.

While the leading brand was Suzuki with 32,274 cars sold, in annual comparison this was 1.1% less than in 2006. The brand's market share was 18.2%, up from 17.4% in 2006.

Opel came in second with 20,149 cars sold, which corresponds to a 6.3% yr/yr decline. Opel's market share remained unchanged at 11.4%.

The bronze medal was won by Ford, with 18,334 cars sold, down 4% yr/yr. Its market share edged up to 10.4% from 10.2% in 2006.

The runner-ups were Volkswagen (15,010 cars, -3.5%, mkt share: 8.5% vs. 8.3%), Skoda (14,377 cars, -13.8%, mkt share: 8.1% vs. 8.9%) and Toyota (12,165 cars, -7.7%, mkt share: 6.9%)."

Source: Portfolio Online Financial Journal


16.01.2008

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