"Hungary Autos Report Q2 2016" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed Mar 16 2016

We believe that strong demand, low interest rates, steady GDP growth levels and ongo ing debt relief for households should see the Hunga rian new vehicle sales market grow further in 2016. We expect 8.1% growth for the sector as a whole, with c ommercial vehicle sales set to outperform passenger car sales.

Key Views

We expect new vehicle sales to grow 39.8% over 2016-2020, to over 140,000 units by 2020.

The market will remain below its 2004 high of over 230,000 units sold on current sales trends.

We expect stronger growth from passenger car sales than commercial vehicle sales over 2016-2020.

Hungary is becoming an ever-more important location for auto parts suppliers with Robert Bosch stating it would invest a further HUF19bn in its Hatvan plant in eastern Hungary.

Suzuki's sales rose by 58% y-o-y, to 7,500 units, with a boost from the launch of its Vitara SUV.

Full Report Details at
- http://www.fastmr.com/prod/1130920_hungary_autos_report_q2_2016.aspx?afid=302

The Hungary Autos Report features the latest data and forecasts covering production, sales, imports and exports.

BMI Research's Hungary Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the automotives market in Hungary.

Key Benefits
Benchmark BMI's independent automotives industry forecasts on Hungary to test other views - a key input for successful budgetary and planning in the Hungarian automotives market.
Target business opportunities and risks in the Hungarian automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Hungary.
Assess the activities and market position of your competitors, partners and clients via our Competitive Landscape Analysis.


BMI Industry View

Summary of BMI’s key industry forecasts and views, covering production, sales and the introduction of new technology or products.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the autos sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series and forecasts to end- 2019 for all key industry indicators (see list below), supported by explicit assumptions plus analysis of key downside risks to the main forecast, including:

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You may also be interested in these related reports:

- Singapore Autos Report Q2 2016
- Algeria Autos Report Q2 2016
- Greece Autos Report Q2 2016
- Serbia Autos Report Q2 2016
- Japan Autos Report Q2 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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