Jato: New Car Market Down 28.0pct In June

According to Jato Dynamics, Hungarian new car sales have fallen again in June (down 28pct on June 2009) dragging down the overall year-to-date figure.

According to Jato Dynamics, Hungarian new car sales have fallen again in June (down 28pct on June 2009) dragging down the overall year-to-date figure, which decreased by 45.9pct compared with the same period last year.
European sales also decreased in June by 6.5pct; in January-June the market edged up by 1.1pct. The continued weakness in German and Italian new car markets (down 32.3pct and 19.1pct, respectively) is the main contributing factor to lower sales volumes, which is also affected by the lack of strong Central and Eastern Europe economies. 
 

News Monitoring