News in English Hungarian dealerships expect 5-10 percent sales growth in 2017

Hungarian dealerships expect 5-10 percent sales growth in 2017

Gergő Panker | 2017.11.23 22:52

Hungarian dealerships expect 5-10 percent sales growth in 2017

The majority of Hungarian car dealers are expecting a 5-10 percent growth in sales in 2017, a slightly slower increase than in the previous year.

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Players of this segment also see labour shortage and the significant increase in wages and contributions highly problematic, it was revealed in a survey by the Hungarian Association of Automobile Dealers (GÉMOSZ), released earlier this week.

63 percent of Hungarian dealerships are content with their results from last year, and expect further, albeit slower, growth in the market, while 63 percent named labour shortage and 59 percent the drastic increase of wages and contributions as the sector’s biggest problem.

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