AutoWallis’s vehicle sales may close a record year yet again: the Group, present in 16 countries in Central and Eastern Europe, has sold 36,346 new and used vehicles in the first nine months of the year, 4.1% higher than last year’s figures. Of AutoWallis’s business units, the Retail Business Unit saw the greatest increase after new vehicles sales grew by 19.7% to reach 7,196 vehicles and used vehicle sales by 31.8% for a total of 1,905 vehicles. The acquisition of the Czech Stratos Auto’s three BMW dealerships, finalized in the beginning of July, contributed 6% to the growth, as did the sales data of AutoWallis’s Renault and Dacia dealership in Budapest. The retail sales increase of almost a fifth continues to exceed the Hungarian average 7.3% increase* in the number of newly registered vehicles. The service hours in the services offered by the Retail Business Unit increased by 13.8% to reach 151,050 (almost half of the growth, 6.6% is due to the Czech acquisition).

Sales have seen continuous growth in the Distribution Business Unit since last fall, and the AutoWallis Group sold only 0.8% fewer new vehicles compared to the same period in 2023 for a total of 27,245 units (this difference was 5.8% at the half-year mark). The reason for the slight decrease is the primarily technical drop in the first quarter, explained by both the base effect of the exceptionally high sales of previous periods (Q4 2022 and Q1 and Q2 2023) as well as the extended maritime shipping deadlines in the first half of the year caused by the Suez Canal and the Red Sea situation. SsangYong (-1,130 units compared to 1,709 units in Q1 2023) played a role in what was seemingly a decrease, which the other brands were only partly able to offset. The total positive trend of the Distribution Business Unit’s performance shows that compared to the fall in numbers seen in the first quarter of the year, sales figures grew from 9,277 units last year in 2023 to 10,729 (+15.6%) in the second quarter and from 6,966 units to 7,934 (+13.9%) in the third quarter.

AutoWallis’s Mobility Services Business Unit (which includes the Group’s short and long-term vehicle rental services as well as fleet management) saw a substantial increase in the number of rental events, topping out at 283,639 thanks to the acquisition of wigo carsharing. Primarily due to rationalization projects, the fleet sizes of wigo fleet management (previously Nelson Flottalízing), wigo carsharing, and Sixt, operated by AutoWallis in Hungary, decreased by 1.6% to reach 3,853 units while the number of rental days in short-term vehicles rentals (wigo carsharing + Sixt) grew by 3.8% to 157,042 days.

Regarding the sales data for the first three quarters, AutoWallis CEO Gábor Ormosy explained that they are in line with expectations and growth is expected to continue in the remainder of the year, meaning the Group may close 2024 with record sales once again.

* Market data by DataHouse.

AutoWallis Sales Report: AutoWallis’s vehicle sales see continued growth