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Hungary's Passenger Cars Sales (March 2020)

Language: English
Provider: Helgi Analytics
Pages: 17

Sales of new passenger cars in Hungary reached 12.4 thousand in March 2021, according to ACEA. This is 8.33%, or 0.956 thousand more than in the previous year. In the first three months of 2021, some 32.2 thousand cars were sold, down 1.46% yoy.

In the fourth quarter of 2020, sales of new electrically-chargeable passenger cars reached 2.53 thousand in Hungary, up 182% yoy. Together with hybrid and other alternative fuels, sale of alternative fuel vehicles reached 38.1% of all new cars sold.

Sales of traditionally-powered vehicles using petrol and diesel reached 23.5 thousand or 61.9% of total in the fourth quarter of 2020 in Hungary. The share of petrol reached 40.4% and of diesel-powered vehicles 21.5% of all new passenger cars sold.

In Europe, sales of new cars rose 62.7% to 1,388 thousand in March. Within the first three months of the year, the increase reached 0.849% as 3,081 thousand cars were sold.

Volkswagen Group sold the most cars in March 2021 in Europe, some 341 thousand vehicles representing 24.6% of the European market. Sales of PSA Group amounted to 212 thousand vehicles (or 15.3% of the market) while Renault Group and BMW Group held 7.80% and 7.50% of the market. Overall, the five largest manufacturers sold 62.3% of all new cars in March.

Automotive | Hungary | April 20, 2021