AutoWallis Q1 Vehicle Sales Driven by Acquisitions

The AutoWallis Group’s Retail Business Unit increased new vehicle sales by 13% thanks to international acquisitions closed last year, while the Distribution Business Unit’s sales showed a year-on-year decrease in the first quarter, mainly due to one-off effects. The regional car sales and mobility service provider’s used vehicle sales skyrocketed, showing growth of more than 57%, with both service hour and short-term vehicle rental figures also enjoying respectable increases, according to a quarterly sales report

The Retail Business Unit of the AutoWallis Group, listed on the Prime Market of the Budapest Stock Exchange, started 2025 with strong growth: it increased new car sales by 12.7% to reach 2,731 units and used car sales by 57.1% to reach 938 units in the first quarter. Of the growth seen in new vehicle sales, 520 units are a result of the Czech acquisition closed last year (the purchase of the Milan Král Group and three BMW dealerships from NC Auto (Stratos)) and the sales of the Renault and Dacia dealership opened in Budapest last fall. Without these acquisitions, the Retail Business Unit’s sales dropped in the first three months of the year when compared to the same period last year. This is primarily attributable to the strong base period: in 2023, campaigns by the Japanese brands (Toyota, Suzuki, and Nissan), closing off the Japanese fiscal year in March, led to increased sales last year.

The Business Unit’s used car sales grew to 938 units, an increase of 57.1%, of which 46.1% was attributable to the acquisitions, with a 60.3% rise in service hours to 80,308 (of which the acquisitions are responsible for 58.7%).

In the first quarter of 2025, AutoWallis’s Distribution Business Unit sold a total of 8,145 vehicles for a drop of 5.1%, partly due to one-off effects. The decrease is primarily caused by a delay in the market introduction and production of the new Opel Grandland and Frontera models — their positive effects are expected in the coming quarters.

AutoWallis’s Mobility Services Business Unit (which includes the Group’s short and long-term vehicle rental services as well as fleet management) saw a slight, 2.9% decrease in the number of rental events, with the number of rental days increasing by 13.6% to reach 43,515. In the first three months of the year, the AutoWallis Group’s average fleet size increased by 2.7% to reach 3,776.

According to AutoWallis Group CEO Gábor Ormosy, they will be continuing the implementation of their growth strategy in 2025, exploring opportunities for additional acquisitions and business development while focusing on the integration processes of earlier transactions. The CEO pointed out that the first quarter figures were impacted by one-off effects, but that the achievement of the targets set out in the growth strategy was not at risk. AutoWallis published its updated strategy last spring, with plans to double sales and profits and deliver an international growth story by 2028.