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Hungary Autos Report Q1 2017

  • November 2016
  • -
  • Business Monitor International
  • -
  • 38 pages

Includes 3 FREE quarterly updates


BMI View:

We retain a positive view on the evolution of the Hungarian new vehicle sales market in 2017. We expect 7.4% growth, with passenger cars (8.0%) to outperform commercial vehicles (5.1%).

Key Views


- Low interest rates, rising wages and falling household debt levels will all continue to lend support to the Hungarian new vehicle sales market in 2017.

- We believe that Mercedes-Benz's announcement of a second plant at Kecskemet will have a highly positive effect on passenger car production levels out to 2020.

- However, one threat to our upbeat auto production forecasts comes from the country's labour market, which is suffering from a skills shortage and rising employment costs.

Table Of Contents

Hungary Autos Report Q1 2017
BMI Industry View 7
Key Views 7
SWOT 8
Industry Forecast 9
Industry Forecast Scenario 9
Table: Vehicle Market - Historical Data And Forecasts (2013-2019) 9
Latest Developments 9
Structural Trends 10
Production 10
Sales 17
Passenger Vehicles 18
Table: Passenger Car Market - Historical Data And Forecasts (Hungary 2014-2020) 18
Latest Developments And Segment Drivers 18
Key Players 19
Table: Hungary - Top-Selling Brands, H116 19
Commercial Vehicles 20
Table: Commercial Vehicle Market - Historical Data And Forecasts (Hungary 2014-2020) 20
Latest Developments And Segment Drivers 20
Industry Risk Reward Index 22
Europe Risk/Reward Index 22
Europe Ahead Globally 22
Hungary A Bright Spot But Labour Risks Abound 23
Spain Another Key Mover 23
Company Profile 24
Magyar Suzuki 24
Audi Hungaria 26
Regional Overview 28
Emerging Europe Overview 28
Table: Emerging Europe Autos Production Investments 28
Low Cost Appeal Stills Investments 29
Birth Of An EU-Centred EV Supply Chain 29
Demographic Forecast 30
Table: Population Headline Indicators (Hungary 1990-2025) 31
Table: Key Population Ratios (Hungary 1990-2025) 31
Table: Urban/Rural Population and Life Expectancy (Hungary 1990-2025) 32
Table: Population By Age Group (Hungary 1990-2025) 32
Table: Population By Age Group % (Hungary 1990-2025) 33
Methodology 35
Industry Forecasts 35
Sector-Specific Methodology 36
Sources 36
Risk/Reward Index Methodology 37
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators 38

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