Sales of New Cars In Hungary – Data, Trends, Charts & Analysis
Here you will find annual car sales figures for Hungary. Since the early 2000s, the Hungarian car market has fluctuated between 50,000 and 240,000 annual sales. From 2003 to 2010, the market declined by more than 77% in 7 years time from over 230,000 sales to just over 50,000 sales, with 2009 showing the hardest hit at almost -60% in a single year.
Hungary Automotive Sales Data & Recent Highlights
From 2011, car sales in Hungary are rising fast again with a nine year winning streak of which seven years with double digits and more than doubling in 5 years time to return above 100,000 sales in 2016 and above 150,000 sales in 2018, but that’s still far below their peak. In recent years, LCV sales typically have made up around 18% of total car sales in Hungary. In contrast to most of the rest of Europe, the share of LCV sales in Hungary has declined in 2017 and 2018, to 14.2%.
The Hungary car sales market has been fluctuating in recent years. There was a sharp decline in sales in 2020 due to the COVID-19 pandemic, and the market has not yet fully recovered. There are a number of factors that have contributed to the volatility of the Hungary car sales market. These include the economic slowdown, the COVID-19 pandemic, and the chip shortage.
Interesting HungaryNew Car Sales Stats
Best Sales Year Volume: 198,982 units sold
Worst Sales Year Volume: 43,476 units sold
Average Sales Per Year: 110,165.8 units sold
Total Sales Units (since 2005): 1,982,984 units sold
The Top 5 Most Popular Automotive Brands In Hungary
The top 5 car brands sold in Hungary. These brands have been consistently popular in Hungary for many years. They offer a wide range of models to choose from, and they are known for their reliability and affordability. These makers also focus on small and utility focused cars that are also stylish with strong international brands.