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Growing Average Age of Cars in Use in Hungary

Feb 26, 2023

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 points out, a turnaround would certainly require a rise in the living […]

Significant Price Increases in the Used Car Market

Oct 11, 2022

The average price of advertised cars increased to HUF 4.62 million in the third quarter of this year, while at the beginning of 2020 it was still HUF 2.5 million, and at the end of 2021 it was slightly above HUF 4.5 million, the used cars portal Használtautó.hu told the state news agency MTI on […]

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Aston Martin Salon to Be Opened in Hungary

Aug 1, 2019

Hungary's Gablini Group signed an agreement with the luxury brand to open an Aston Martin salon in Hungary next May, state news service MTI reported. Hungary will be the first country in central and eastern Europe where the brand is available and the salon will serve the Slovenian, Croatian, Serbian, Romanian, and Albanian markets. The […]

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