Automotive

Automotive

AvtoVAZ, Renault plan to assemble new Lada models in 2010

Russia’s largest car producer AvtoVAZ and the French car manufacturing giant Renault will begin assembling new Lada models in 2010,...

Automotive

Volkswagen unveils hybrid-car prototype

Volkswagen unveiled Thursday a hybrid-drive car that can be charged up through an electrical power socket....

Automotive

Volkswagen unveils hybrid-car prototype

Volkswagen unveiled Thursday a hybrid-drive car that can be charged up through an electrical power socket....

Automotive

Volvo-Renault plant in central Russia to open in Jan 2009

Sweden’s Volvo Group will open a truck manufacturing plant in Kaluga, about 200km to the southwest of Moscow, on January...

Automotive

Volvo-Renault plant in central Russia to open in Jan 2009

Sweden’s Volvo Group will open a truck manufacturing plant in Kaluga, about 200km to the southwest of Moscow, on January...

Automotive

GM plans shift to greener models

General Motors Corp, reeling from record gasoline prices, has delayed plans to replace its fleet of large pickups and sport-utility...

Automotive

GM plans shift to greener models

General Motors Corp, reeling from record gasoline prices, has delayed plans to replace its fleet of large pickups and sport-utility...

Automotive

UK’s Highland to invest $500mln in Russian Far East gold mine

Britain’s Highland Gold Mining Ltd. will invest $500-550 million to launch a gold deposit in the Chukotka Region in Russia’s...

Automotive

UK’s Highland to invest $500mln in Russian Far East gold mine

Britain’s Highland Gold Mining Ltd. will invest $500-550 million to launch a gold deposit in the Chukotka Region in Russia’s...

Automotive

Volkswagen wins EU approval to buy Scania

Germany’s Volkswagen has won the approval from the European Union to buy Swedish truck and bus maker Scania....

Automotive

Volkswagen wins EU approval to buy Scania

Germany’s Volkswagen has won the approval from the European Union to buy Swedish truck and bus maker Scania....

Automotive

Hungary candidate for Mercedes plant

Daimler is studying plans to build a car factory using low-cost labor in eastern Europe, with options to be presented...

Automotive

Hungary candidate for Mercedes plant

Daimler is studying plans to build a car factory using low-cost labor in eastern Europe, with options to be presented...

Automotive

Russian supplier says MOL’s diesel supply could be in jeopardy

Russian state-run oil-products company Transneftproduct has warned Hungarian oil and gas company MOL that it cannot guarantee the security of...

Automotive

Russian supplier says MOL’s diesel supply could be in jeopardy

Russian state-run oil-products company Transneftproduct has warned Hungarian oil and gas company MOL that it cannot guarantee the security of...

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...