Hungary Autos Report Q4 2014 - New Market Research Report
Hungarian passenger car sales in June 2014 increased 25% (y-o-y) to 6,243 units. H114 sales figures came in at 32,992 units, a 21.4% y-o-y increase on H113. Consumers in Hungary are benefiting from real wages rising, lowering of interest rates and a decline in unemployment which has led to an increase in passenger car sales. This could prove short-term however, due to Hungary's relative economic instability even after recovery. The government has embarked on an expansionary fiscal policy in spite...
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