Hungary Autos Report Q1 2016

Date: December 9, 2015
Pages: 35
US$ 1,295.00
Report type: Strategic Report
Delivery: Download
ID: H8577C49A4BEN

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Includes 3 FREE quarterly updates

Key Views
  • Commercial vehicle sales have been outperforming those of passenger cars over 2015 against a slowing macroeconomic backdrop.
  • Hungarian auto production remains dominated by three manufacturers, Magyar Suzuki, Daimler and Audi Hungaria.
  • One potential near-term headwind facing the local production sector comes from the ongoing emissions scandal engulfing automaker Volkswagen. Around 2mn out of the 11mn diesel engines affected by the scandal were reportedly produced at Audi Hungaria.
  • On the sales side, it also remains to be seen what effect the ongoing emissions scandal facing Volkswagen will have on the sales of its VW, Audi, Seat and Skoda marques within Hungary moving forward.
  • For now, Ford has risen to top spot in the Hungarian light vehicle new sales market, displacing Opel, with both the US carmaker's passenger car and light commercial vehicle (LCV) model range performing well.
  • Local producer Magyar Suzuki has also received a clear sales boost from the launch of sales of its locally-produced Vitara SUV, which was the top-selling model in Hungary during October 2015.
BMI Industry View
Key Views
Industry Forecast
Industry Forecast Scenario
  Table: Vehicle Market - Historical Data & Forecasts (2013-2019)
Latest Developments
Production Set For Steady Growth
Passenger Vehicles
  Table: Passenger Car Market - Historical Data And Forecasts (Hungary 2013-2019)
Latest Developments
  Table: Hungary - Top Selling Light Vehicle Brands, 10M15
Commercial Vehicles
  Table: Commercial Vehicle Market - Historical Data And Forecasts (Hungary 2013-2019)
Latest Developments
Industry Risk Reward Index
Europe - Risk/Reward Index
Russia Too Risky To Realise Potential
Developed States Show Signs Of Risk
Trouble Spots Marked By High Risk Position
Company Profile
Magyar Suzuki
Audi Hungaria
Regional Overview
  Table: Emerging Europe - Autos Production Investment
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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