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Hungary Autos Report Q2 2016

Hungary Autos Report Q2 2016

BMI View: We believe that strong demand, low interest rates, steady GDP growth levels and ongoing debtrelief for households should see the Hungarian new vehicle sales market grow further in 2016. We expect8.1% growth for the sector as a whole, with commercial 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 statingit 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.

BMI Industry View
Key Views
Industry Forecast
Industry Forecast Scenario
Table: Vehicle Market - Historical Data & Forecasts (2013-2019)
Latest Developments
Structural Trends
Passenger Vehicles
Table: Passenger Car Market - Historical Data And Forecasts (Hungary 2014-2020)
Latest Developments
Key Players
Table: Hungary - Top Selling Passenger Car Brands, 2015
Commercial Vehicles
Table: Commercial Vehicle Market - Historical Data And Forecasts (Hungary 2014-2020)
Latest Developments
Industry Risk Reward Index
Industry Risk/Reward Index
Italy And Spain Push To Join Peers
Central And Eastern Europe Labour Pressures Raise Risk
High-End Investment Reflects Top Ranking Status
Company Profile
Magyar Suzuki
Audi Hungaria
Regional Overview
Industry Trend Analysis
Table: Central And Eastern Europe - Autos Production Investment
Emissions Reductions At Heart Of Investment Plans
Hyundai Still Bullish On Russia
Demographic Forecast
Table: Population Headline Indicators (Hungary 1990-2025)
Table: Key Population Ratios (Hungary 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Hungary 1990-2025)
Table: Population By Age Group (Hungary 1990-2025)
Table: Population By Age Group % (Hungary 1990-2025)
Industry Forecasts
Sector-Specific Methodology
Risk/Reward Index Methodology
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators

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