Locals Hopeful Of Buying Car, Says New Survey

  • 28 Feb 2019 7:59 AM
  • Hungary Around the Clock
Locals Hopeful Of Buying Car, Says New Survey
9% of households in Hungary are planning to purchase cars in the coming three years, economic research company GKI reports.

In practical terms, this means 373,000 households buying 125,000 cars annually, of which 23% will be new cars.

Among car purchases, 71% will be fuelled by petrol, 24% by diesel and 5% will be hybrid and electric cars.

The inclination to buy a vehicle is strongest among people living in rural towns and persons in their 30s.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

  • Hungarian Shoppers Are Driving to Romania for Cheaper Prices

    Hungarian Shoppers Are Driving to Romania for Cheaper Prices

    • 25 Jul 2023 7:11 AM

    Food prices have risen so much in Hungary that it's worth it for many people to drive to Romania for a larger shopping haul. This phenomenon is becoming more widespread, and it’s most noticeable in the car parks of shopping centres in border towns.

  • Generation Z Splurges on Valentine's Day in Hungary

    Generation Z Splurges on Valentine's Day in Hungary

    • 16 Feb 2023 8:27 AM

    Men born before 1964 typically do not spend money on Valentine's Day gifts, while those belonging to Generation Z spend more than three times as much as on an average day, according to a survey from Erste Bank, writes profitline.hu.