No Quick Recovery Expected For Autos Market

Hungary's automotive market will take at least two to three years to recover to the pre-crisis level of 120,000-140,000 units sold a year, believes Peter Erdelyi, the chairman of the Hungarian Association of Vehicle Importers (MGE). In agreement with BMI's view, Erdelyi expects the market to stabilise in H210 and kick start a slight recovery, although it will be from very low levels.

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