Automotive

Automotive

Car Buyers to Lose Most From Punitive Tariffs on Chinese EVs – HIPA

Car buyers "stand to lose the most" as a result of the European Union's punitive tariffs on Chinese electric vehicles,...

Automotive

EVE Power Battery Plant IPPC Permit Submitted

China's EVE Power has submitted the application for an Integrated Pollution Prevention and Control (IPPC) permit for a battery plant...

Automotive

Top Automotive Executives: Frank Iepema

Frank Iepema, managing director of Hydro Extrusion Hungary, is among the executives featured in The Top Automotive Executives in Hungary...

Automotive

Top Automotive Executives: Andreas Nübler

Andreas Nübler, managing director of Phoenix Mecano Kecskemét Kft., is among the featured executives in The Most Influential Automotive Executives...

Automotive

Top Automotive Executives: Tibor Szigeti

Tibor Szigeti is among the key figures featured in The Most Influential Automotive Executives in Hungary publication. His role in...

Automotive

Siemens Powering the Future of Automotive Manufacturing

As the global automotive industry evolves with advancements in electric vehicles (EVs), connected cars, and smart manufacturing. In this article,...

Automotive

AutoWallis Reports Strong Sales Growth, Eyes Record Year

The AutoWallis Group has reported a robust increase in vehicle sales for the first nine months of 2024, positioning the...

Automotive

MG Market Share in Hungary Increases

MG Motor Hungary is sticking to its target of 3% market share for the British-origin, Chinese-owned car brand MG, the...

Automotive

AutoWallis Maintains Growth Projections Despite Market Challenges

Despite turbulent market news, AutoWallis remains confident, with analysts projecting a one-year target price of HUF 223 for the company’s...

Automotive

No Light yet at the end of Automotive Tunnel

The automotive sector in Hungary, so long the engine of the local economy, is struggling against the backdrop of sluggish...

Automotive

1st Cupra Terramar Rolls of Audi Hungaria Production Line

The first Cupra Terramar model rolled off the production line at German automaker Audi's factory in Győr (120 km northwest...

Automotive

HUF 1 bln in EV Subsidies Paid Out

The first HUF 1 billion of subsidies in a scheme to support businesses' purchases of electric vehicles has been paid...

Automotive

ALD Automotive | LeasePlan Unveils New Global Mobility Brand Ayvens

ALD Automotive | LeasePlan, the largest fleet management and mobility service provider in Hungary, will continue its activities under a...

Automotive

Hungary a ‘Frontrunner’ in Advancing Electromobility – State Sec

Hungary is a "frontrunner" in terms of efforts to advance electromobility, State Secretary for Industrial Policy and Technology Gergely Fábián...

Automotive

DHL Doubles Electric Van Fleet in Budapest

DHL Express Hungary has announced a significant expansion of its zero-emission fleet in Budapest, doubling the number of electric delivery...

Automotive

Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030

Budapest's City Assembly voted to reduce the parking discount for electric and hydrogen vehicles to 50%, keeping the benefit in...

Automotive

Wallis Builds Next Growth Phase on Local Knowledge and Leadership

Gyula Mező, CEO of Wallis Asset Management, tells the BBJ how the group is allocating capital, managing an increasingly int'l...

Automotive

Navigating the Hungarian Auto Market: What Expats Need to Know

After years of hands-on experience advising expat friends and colleagues on 2nd-hand vehicle purchases, Christopher Csizmár founded CarSherpa, a pre-purchase...

Automotive

Bosch Pushes AI Deeper Into Vehicle Safety and Automated Driving

Bosch used its recent AI Symposium 2026 in Budapest to show how artificial intelligence is becoming a more concrete part...

Pirelli Cinturato Winter 3 Takes Top Honors in European Tests

As winter approaches, drivers face a familiar question: which tires can provide dependable performance when road conditions start to change?...

Michelin Celebrates 30th Anniversary of Presence in Hungary

Michelin celebrated the 30th anniversary of its presence in Hungary at an anniversary event at its Nyíregyháza facility (231 km...

Geely Leads Interest in Chinese Car Brands Newly Launched in Hungary

Geely attracted the most interest among Chinese car brands entering Hungary this year, according to January-September data from used car...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

Hungarian EV Market Continues to Grow, Leading CEE

Electromobility in Hungary continues to grow. In the first half of the year, 7,497 new all-electric passenger cars were registered,...

Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030

Budapest's City Assembly voted to reduce the parking discount for electric and hydrogen vehicles to 50%, keeping the benefit in...

Wallis Builds Next Growth Phase on Local Knowledge and Leadership

Gyula Mező, CEO of Wallis Asset Management, tells the BBJ how the group is allocating capital, managing an increasingly int'l...

BMW Debrecen Adds Third Shift to Meet Strong iX3 Demand

BMW is introducing a third shift at its Debrecen factory and moving to 24-hour operations to accelerate production of its...

AutoWallis to Launch Zeekr in Austria and Poland

AutoWallis Group will launch Zeekr, the premium electric mobility brand of Geely Auto Group, in Austria and Poland under a...

AutoWallis Remains Profitable in H1 Despite Challenging Auto Market

AutoWallis Group remained profitable in H1 2026 despite a challenging automotive market, weaker performance from traditional brands, one-off costs related...

Navigating the Hungarian Auto Market: What Expats Need to Know

After years of hands-on experience advising expat friends and colleagues on 2nd-hand vehicle purchases, Christopher Csizmár founded CarSherpa, a pre-purchase...

Hungarian Engineers to Contribute Expertise to Formula 1 Cars

Hungarian engineers will contribute their expertise to Formula 1 cars, Economy and Energy Minister István Kapitány said in a social...

Hybrid Listings Hit Record High on Used Car Market in June

Demand strengthened on Hungary’s used car market in June, while the average age of vehicles declined, according to the latest...

Bosch Pushes AI Deeper Into Vehicle Safety and Automated Driving

Bosch used its recent AI Symposium 2026 in Budapest to show how artificial intelligence is becoming a more concrete part...

AutoWallis to Use 2025 Profit to Support its Regional Growth Strategy Going Forward

AutoWallis Group has said it will retain its 2025 after-tax profit of nearly HUF 5 billion to support the implementation...