Listed car seller AutoWallis's vehicle sales edged down 2% year-on-year to 11,602 in the first quarter, falling on the performance of the wholesale division, a preliminary report released on Wednesday shows.
Sales of the wholesale division dropped 6% to 7,676 as KGM, Renault and Dacia sales were impacted by competing Chinese brands, AutoWallis said. The positive effect of a respositioning of the KGM brand is expected to show up from the second quarter, it added.
AutoWallis's wholesale division represents the brands Alpine, BYD, Dacia, Farizon, Isuzu, Jaguar, KGM, Land Rover, NIO, Nissan, Opel, Renault and XPENG, as well as MG and Saab parts.
In the retail segment, AutoWallis's new car sales increased 10% to 3,001, while used car sales slipped 1% to 925.
AutoWallis's car rental business registered 48,824 rental days in Q1, up 12%.
AutoWallis mechanics booked 81,573 hours, 2% more than in the base period.
AutoWallis's rental fleet grew 5% to 3,981 vehicles.
Top 5 Articles
What Awaits the Hungarian Economy in 2026 and 2027? April 24, 2026 - 'Recharge' Campaign Launched to Boost Domestic Tourism January 21, 2026
- Hungary’s Growth Stalls as Inflation Returns to Target Range February 6, 2026
- Business, Consumer Confidence at Two-Year High in April April 23, 2026
- Consolidating the Good Bilateral Relations May 10, 2026
