Hungary Autos Q1 2020

Hungary Autos Q1 2020

Key View:

We forecast total vehicle sales to grow by 7.1% in 2020 after an estimated 11.0% increase in 2019. A tight labour market,characterised by record-low levels of unemployment and rising wage growth will continue to support expansion in householdconsumption levels and appetite for 'big-ticket' items, such as a new vehicle. Furthermore, the country presents an attractiveinvestment destination, evidenced by Audi's latest investment into expanding the production capacity of its plant in Győr.


Key View
SWOT
Autos SWOT
Industry Forecast
Industry Forecast Scenario
Passenger Vehicles
Commercial Vehicles
Industry Risk/Reward Index
Europe Autos Sales Risk/Reward Index
Europe Autos Production Risk/Reward Index
Hungary Autos Production Risk/Reward Index
Hungary Autos Sales Risk/Reward Index
Company Profile
Audi
Suzuki
Regional Overview
Emerging Europe Overview
Hungary Demographic Outlook
Autos Methodology

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook