AutoWallis: Used-Car Sales Surge Post-Acquisitions

AutoWallis, a Hungary-based automotive conglomerate and the parent company of leading Hungarian auto platform JoAutok.hu, has reported a significant boost in its sales performance. Through strategic acquisitions, the company has managed to enhance its used-vehicle sales by a remarkable 57% year-on-year. In addition to the used-car market, AutoWallis has also experienced a substantial increase in new-vehicle sales, which have risen by 12.7% year-on-year, totaling 2,731 units sold. These figures highlight the company's successful expansion tactics and its robust presence in the Hungarian automotive market. AutoWallis's strategic acquisitions have been pivotal to its current growth trajectory, underpinning its ambition to consolidate its market position and improve its sales performance across multiple automotive sectors.