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Consumer Behavior During the Pandemic

D&T
Apr 26, 2021

Turnover data at Vivre, an online retailer for home and lifestyle in Central and Eastern Europe, show important changes in consumer behavior in the year after the pandemic outbreak (March 2020 - March 2021) compared to the same period last year. This change was observed of Vivre customers in all nine countries where the company […]

Used Car Prices Shoot Up in Hungary

D&T
Apr 20, 2021

Search statistics on the used cars website Használtautó.hu show that in the pandemic situation, more and more people are looking to buy a car. In addition to rising prices, there is an increasing interest in cheaper models. The domestic car fleet, which is on average 14.7 years old, can only be renewed – in part […]

SPAR: More Private Label Brand Items on the Shelves

D&T
Apr 12, 2021

Today, Spar Hungary sells a total of 3,600 own-brand products in its stores in 31 product categories in Hungary, and this year, the range will be further expanded, the store chain's communications manager, Márk Maczelka said on Monday. It is planned that 300 new own-brand products will be on the shelves, Márk Maczelka is quoted […]

Decreasing Used Car Imports

D&T
Apr 6, 2021

A total of 30,971 used cars were imported into the country in the first quarter, down 18% from the same period last year. In March, the decrease was 11%. Almost a third of imported used cars are made up of three brands: Volkswagen 10.6%, Opel 10% and Ford 9.7%. While nearly 40,000 used cars flowed […]

All-time Record Revenue at AutoWallis in 2020

D&T
Apr 2, 2021

AutoWallis has closed another banner year, with its revenue increasing by 17% to HUF 88 billion in 2020. However, the company expects even such a major expansion to be only a minor step ahead of the 2021 leap. Namely, the revenue of the stock exchange automotive company may present a nearly threefold increase when compared […]

AutoWallis to Acquire Most Modern Car Dealership

D&T
Mar 16, 2021

AutoWallis has announced it will gain possession of one of the largest and most modern BMW dealerships in Central and Eastern Europe, housed in a building boasting unparalleled architectural solutions. Having concluded an agreement on the acquisition of DALP Ltd., the company owning the property at 95 Hungária körút in Budapest, AutoWallis Plc., will be […]

Falling New Car Sales in Hungary

D&T
Feb 2, 2021

New car sales in Hungary started to decline somewhat in 2021: 12% fewer new cars were sold in the first month of this year than in January 2020, which was still epidemic-free. In January this year, 8,867 new passenger cars were sold, including 154 electric and 245 plug-in hybrid models, according to data by the […]

Online Sales Thrive in Hungary

D&T
Jan 7, 2021

Hungarian retail sales went into the red. The turnover of grocery stores also increased only moderately. However, online stores surge. In November 2020, the volume of sales in retail shops decreased by 0.3% according to raw data and by 0.8% when adjusted for calendar effects compared to the same period of the previous year, according […]

Domestic Values Important at Lidl

Sándor Laczkó
Jan 4, 2021

In order to support domestic producers and further expand its supplier partner range, Lidl Hungary is launching a complex educational program called ‘Lidl Academy Plus’. The training focuses on the development of prospective partners, where market participants joining the program can not only participate in sector-focused professional presentations and forums, but also receive a supplier […]

Budapest Airport: Growing Importance for Turkish Cargo

D&T
Nov 12, 2020

Turkish Cargo, one of the largest cargo airlines in the world, has announced that it is increasing the frequency of its dedicated cargo flights on the Budapest route to four a week in the winter season, and the airline will open the offices of its Eastern Europe Regional Directorate at the BUD Cargo City. A […]

Records in the Car Market in July

D&T
Aug 19, 2020

Domestic sales continue to be the main drivers of the Hungarian car market; BMW was overtaken by a Renault. The seventh month did not come as a big surprise in the car market, as there is still a significant deficit in the marketing of new and used cars compared to last year's data, but domestic […]

Sales Volume in Retail Shops Remain Unchanged

D&T
Aug 5, 2020

In June 2020, retail stores were already open without epidemiological restrictions throughout the country, so their sales volume increased by 0.8% according to raw data and remained essentially unchanged according to calendar-adjusted data compared to the same period last year. The Central Statistical Office says the volume of sales, adjusted for calendar effects, decreased by […]

Older and Older Used Cars Imported to Hungary

D&T
Aug 4, 2020

In July, the number of used cars imported from abroad exceeded 12,000. Mostly older cars come from the west. In July this year, according to DataHouse, 12,196 imported passenger cars were put on the domestic market, an increase of 13% compared to the previous month and 61% compared to the low in April. With this, […]

Relatively Low Decline on the Hungarian Car Market

D&T
Jul 27, 2020

In the first half of this year, 25.3% fewer new cars were sold in Hungary than in the same period last year. This figure is the most favorable in the Central and Eastern European region, with the decline in the surrounding countries typically being above 30%. In addition to Hungary, it was only the Czech […]

Hungarian Buyers Return to Used Cars Market

D&T
Jul 21, 2020

The number of car ownership changes confirms what the market-leading hasznaltauto.hu ('used cars') searches have shown since mid-May: buyers have returned to the used car market. In June, the market strengthened: 11.5% more used car ownership changes were registered than in June last year, and 66% more than in April. The three most sought-after models […]

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