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This is how the Hungarian car market stands

The 2020 figures of the Hungarian car market, which fell significantly due to the coronavirus epidemic, were aggregated. Fortunately, the complete collapse has not materialized, and two brands also claim to be market leaders.

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Last year, 128,031 new passenger cars were put on the market in Hungary, 19 percent less than in 2019, the Hungarian Association of Motor Vehicle Importers (MGE) said. Gasoline cars outperformed diesels in sales, which MGE estimates is not a favorable process in terms of CO2 emissions alone.

The organization concludes that the number of cars withdrawn within six months of being placed on the market, which has been withdrawn from the market for export, test car shutdown, leaseback or other business purposes, is quite high, at around 25 per cent. For the most part, these cars did not go to a domestic owner.

Used car imports outperformed the new car market: 9,970 used cars arrived in December and 130,431 used cars throughout the year. Imports outperformed new cars that actually remained in the country by 20 percent.

Suzuki achieved an 11.55 percent share of the Hungarian market in 2020 with 14,783 new passenger cars sold, making it the market leader for the fifth year in a row. Vitara, manufactured in Esztergom, leads the SUV category with a share of more than 30 percent, topping the annual sales list with 6,882 units sold. Second place went to the SX4 S-Cross, also of domestic production, of which 5,578 were sold by the end of the year.

According to Toyota , the brand also leads in domestic new car sales, passenger car sales and overall sales of passenger and light commercial vehicles, based on data net of withdrawals . According to Toyota data, after the withdrawals, the brand sold 12,259 cars, ahead of Suzuki and Skoda (9,169) with 9,940 cars in this data series.

(Source: vezess.hu / photo: pexels.com)

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