Hungarian new car sales fell for the first time in the first quarter – down 3.4% to 45,678 units, the Hungarian Association of Car Importers said. A HACI executive told Reuters the drop was due to the introduction of a new tax on imported cars, due to Hungary's accession to the European Union on May 1, which caused initial administrative difficulties to companies.
A HACI executive told Reuters the drop was due to the introduction of a new tax on imported cars, due to Hungary’s accession to the European Union on May 1, which caused initial administrative difficulties to companies.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
