The Retail Business Unit of AutoWallis, listed on the Prime Market of the Budapest Stock Exchange, continued its growth: it increased new vehicle sales by 9.9% to 3,001 units in the first quarter of 2026, while used vehicle sales showed a slight decrease (-1.4%) to 925 units. This was primarily due to a strong base effect, as in the first quarter of 2025 the Mobility Services Business Unit carried out a fleet replacement, during which the replaced vehicles were partly sold through AutoWallis’ dealership network. In the domestic market, AutoWallis’ Retail Business Unit sold 6% more vehicles, while thanks to its diversified country portfolio, sales increased by 24% in Slovenia and by 13% in the Czech Republic. The number of service hours increased by 1.6% to 81,573 hours in the first quarter. The modest growth was supported by the opening of the Debrecen service center; however, the snowy weather that lasted longer compared to previous years hindered customers’ mobility, and had an adverse impact on service operations.

In the first quarter of 2026, AutoWallis’ Distribution Business Unit sold 5.8% fewer vehicles, totaling 7,676 units, primarily due to a decline in the KGM brand (-1,066 units), and secondarily due to lower sales of Renault and Dacia (-517 units). The performance of all three brands was adversely affected by price competition driven by Chinese brands, to which KGM responded with repositioning, the positive effects of which are expected by management from the second quarter. The decline in Dacia sales observed across Europe is temporary and mainly attributable to logistics and production factors as well as the transformation of the model range. At the same time, Opel’s performance continued to improve (+519 units), and Nissan sales operations launched in Romania last year also showed growth (+498 units). As a result of these factors, the year-on-year decline in the Distribution Business Unit can be considered temporary, with growth expected in the upcoming period.

In the Mobility Services Business Unit of AutoWallis (which includes the short- and long-term vehicle rental as well as fleet management activities), the number of rental transactions increased by 7.2% to 95,659, while the number of rental days rose by 12.2% to 48,824. The average fleet size of the AutoWallis increased by 5.4% to 3,981 vehicles in the first three months of the year.

Commenting on the results and outlook, Gábor Ormosy, CEO of AutoWallis, stated that the first-quarter figures once again demonstrated the importance of the company group’s diversified operations. The diversity of business units, brands and geographical exposure, together with the business model, provides a solid foundation for achieving the strategic targets set for 2028 in a distinctly cyclical industry and an increasingly volatile macroeconomic environment.