+Susen Rogen

Wednesday 29 May 2013

Hungary Autos Report Q3 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
Hungary Autos Report Q3 2013
May 29th 2013, 00:00

Sales figures for the first four months of 2013 are bearing out BMI’s increasing lack of confidence in the short-term outlook for the Hungarian new car sales market. Figures released by the European Automobile Manufacturers’ Association (ACEA) in May 2013 showed that passenger car sales were down by 5.9% over the first four months of the year, at just 17,180. However, results for the month of April showed a 7.8% increase, at 4,623 units. Looking forward, BMI’s Country Risk team believes that Hungary will continue to experience recessionary conditions across 2013, forecasting GDP to contract by 0.3% this year. There …

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Complete report details with Table of Contents and more @ http://www.rnrmarketresearch.com/hungary-autos-report-q3-2013-market-report.html.

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