Hungary Vehicles Sector kept momentum with the 18th winning month.

Hungary Vehicles Sector

Hungary Vehicles Sector kept momentum with the 18th winning month in a row in June and with a first half ended in double-digit pulled up by the battle between Opel, Skoda and Ford. Suzuki Vitara on podium.

Economic Outlook

Hungary expanded at a remarkable pace in 2014 and started this year on a very high note. Economic growth momentum in Q2 and at the outset of Q3 appears to have moderated, although it remained robust. Industrial production and exports growth both weakened for a second consecutive month in May while economic sentiment was stable in July.

Market Outlook

Following the double-digit growth posted in the first quarter, the second kept the momentum and in June the market hit the 18th year on year growth in a string.

June was strong, according to data released by MGSZ – Magyar Gépjármű Szövetség, the Hungarian Associations of Car Manufacturers, with total new Car Passengers sold in Hungary that have been 7.348,  up 17.5% compared with the correspondent month last year.

The first half was almost posivitive with total sales at 37.003, up 12.1% with the market recovering after the crisis pulled up by surging demand.

Competitive Arena

The scene is fully taken by the battle for leadership among Skoda, Opel and Ford.

Actually Opel is ahead albeit falling in June with sales at 723 (-36.5%) and a first half negative split with 4.353 sales (-13.5%) with the rival Skoda closing the gap gaining 13.7% in the first half at 4.072 units. Due to the June shortfall with sales dropped 48.7%, Ford in third has lost terrain with first half figures at 3.935 (-14.6%).

As far as the group’s performance, the leader was Volkswagen Group with 23.5% of market share in the first half followed by Renault-Nissan with 13.4% and General Motors at 11.7%.

As far as best-selling models, the Skoda Octavia was back on top of the list in June with 418 sales. Second was  Opel Astra with 310 sales ahead of the new Suzuki Vitara, first time in a podium worldwide, with 226 units.

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will report year to date data updated.

Rank JunRank H1BrandJun 2015H1 2015Var JunVar H1Share JunShare H1
Rank JunRank H1GroupJun 2015H1 2015Var JunVar H1Share JunShare H1
43General Motors7234.353-36,5%-13,3%9,8%11,7%
Rank JunRank H1ModelJun 2015H1 2015Jun VarH1 VarShare JunShare H1
11Skoda Octavia4182.49638,4%16,4%5,9%6,0%
22Opel Astra3101.497-21,1%15,5%4,3%3,6%
39Suzuki Vitara2267953,2%1,9%
43Ford Focus2221.33716,2%16,5%3,1%3,2%
55Volkswagen Golf21499378,3%22,6%3,0%2,4%
64Suzuki Swift1831.160117,9%37,0%2,6%2,8%
76Opel Corsa1808957,1%8,6%2,5%2,1%
88Fiat 500150826150,0%98,9%2,1%2,0%
911Suzuki SX4 S-Cross12374523,3%24,5%1,7%1,8%
1013Suzuki SX412273435,0%35,0%1,7%1,8%