Automotive

Automotive

Costs grow but Eastern Europe still lures Western firms

An awkward mix of strong currencies, rising pay expectations and a slowdown in key export markets has hit producers in...

Automotive

Costs grow but Eastern Europe still lures Western firms

An awkward mix of strong currencies, rising pay expectations and a slowdown in key export markets has hit producers in...

Automotive

EU sports car makers hit green block

As Europe’s giant car makers do battle with environmentalists and lawmakers over emissions curbs, makers of classic European sports cars...

Automotive

EU sports car makers hit green block

As Europe’s giant car makers do battle with environmentalists and lawmakers over emissions curbs, makers of classic European sports cars...

Automotive

Volkswagen to move Slovakia line to Bosnia

Volkswagen, Europe’s biggest car maker, plans to move an assembling line from Slovakia to Bosnia, the director of Volkswagen’s partner...

Automotive

Volkswagen to move Slovakia line to Bosnia

Volkswagen, Europe’s biggest car maker, plans to move an assembling line from Slovakia to Bosnia, the director of Volkswagen’s partner...

Automotive

Report shows: India among world’s top 15 automakers

With a burgeoning auto industry to boast of, India has made it to the top 15 automakers of the world...

Automotive

Report shows: India among world’s top 15 automakers

With a burgeoning auto industry to boast of, India has made it to the top 15 automakers of the world...

Automotive

System Consulting to participate in construction of Russian power plant network

Hungarian energy company System Consulting has decided to participate in the construction of a €70-300 million network of power plants...

Automotive

System Consulting to participate in construction of Russian power plant network

Hungarian energy company System Consulting has decided to participate in the construction of a €70-300 million network of power plants...

Automotive

Germany’s Daimler to buy into Russian truck maker KamAZ

German auto giant Daimler may buy a 42% stake in Russian truck maker KamAZ, Moscow-based investment company Troika Dialog said...

Automotive

Germany’s Daimler to buy into Russian truck maker KamAZ

German auto giant Daimler may buy a 42% stake in Russian truck maker KamAZ, Moscow-based investment company Troika Dialog said...

Automotive

Toyota to boost new Prius output by 70%

Toyota Motor Corp aims to produce 70% more Prius hybrids after a planned remodeling next year, bringing annual output to...

Automotive

Toyota to boost new Prius output by 70%

Toyota Motor Corp aims to produce 70% more Prius hybrids after a planned remodeling next year, bringing annual output to...

Automotive

EC approves proposed acquisition of Volkswagen by Porsche

The European Commission (EC) has cleared the proposed acquisition of Germany's Volkswagen by Porsche, a news release said....

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...