In August, 8,951 new passenger cars were registered in Hungary, more than 10% fewer than a year earlier, according to DataHouse – a Carinfo.hu report quoted by the financial portal portfolio.hu. This means that the Hungarian car market has shrunk further – down 10.4% compared to August 2022. Looking ahead to 2023, the picture is […]
Suzuki is making a further investment of HUF 9.3 billion in Hungary, as part of which the Japanese company is expanding its production capacity and taking a major step towards the carbon neutral conversion of its Esztergom plant, this, the Ministry of Foreign Affairs and Trade informed MTI on Wednesday. According to Minister Péter Szijjártó's […]
All those who plan to buy a car in the next two years in Hungary would like to purchase an electric or hybrid vehicle. The majority of buyers are planning to choose a hybrid or fully electric model for their next car, according to an EY international survey of more than 15,000 consumers. Nine out […]
The new Land Rover Defender is the modern reincarnation of the legendary off-roader that created the brand, the Land Rover Series I, inspired by American SUVs after World War II. The Defender, which has won a string of professional accolades, embodies the highest levels of performance, on-road and off-road capability and design. Ever since it […]
The number of cars registered in Hungary is growing rapidly, but so is their average age. The latter has been rising steadily since the 2008 crisis, according to recent data from the Hungarian Central Statistical Office (KSH). As the business news site portfolio.hu points out, a turnaround would certainly require a rise in the living […]
The number of foreign used cars registered this past November did not move upwards either, the JóAutók.hu [‘GoodCars’] dealer portal said in its analysis on Monday, based on fresh data from Datahouse. The number of imported used cars was 9,663, which is 19% lower than the 11,963 registered a year earlier. The monthly sales of […]
Almost a quarter of new cars registered in Hungary will be electric by 2035, new data reveals. The study says that last year, just 2% of newly registered vehicles in Austria were electric. In the Netherlands and Norway, 99.9% of new vehicles are likely to be electric by 2035, data suggests. This would make them […]
New format license plates will be introduced in Hungary from July 1, with the reason for the change being that the current character set would have run out in a few years at most, the Ministry of Technology and Industry (TIM) said. Its announcement explained that the new type of license plates will consist of […]
The price subsidy tender for environmentally friendly electric cars has been launched again this year, and large family buyers choosing seven-seater models can get a discount of up to HUF 5 million on the purchase price. All this is likely to further stimulate the growing interest in electric cars, according to search statistics at the […]
