New car registration in Hungary grew by 12.1% year on year in May 2011, Datahouse statistics showed on Wednesday. Some analysts suggest that the new buyers may be those well-paid who are favored by new flat-rate income tax.
A total of 3,814 new passenger cars were registered in Hungary in the fifth month of 2011, which marks a 12.1% increase compared to May 2010, Datahouse figures showed. However, the monthly sales remain well below the levels that were seen before the crisis, when 12,000-15,000 new cars were registered every month.
In January-May new car sales were up 9% year-on-year to a total of 18,900 vhicles. In the first four months, the growth figure was 8.8%
Last month, Opel was the top seller in Hungary, with sales up 28% year-on-year. Skoda came in second with 409 cars sold. Ford sold 2% fewer cars than in the same month of 2010 and it ranked third in May vs. the first place in the base period. Suzuki’s dreadful performance continued and only 96 new Suzuki models were registered in May vs. 317 in the base period.
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