Automotive

Automotive

Hungary backs Bosnia and Herzegovina’s for EU and NATO membership

Hungarian Prime Minister Ferenc Gyurcsány said following a meeting with Chairman of the Council of Ministers of Bosnia and Herzegovina...

Automotive

Hungary backs Bosnia and Herzegovina’s for EU and NATO membership

Hungarian Prime Minister Ferenc Gyurcsány said following a meeting with Chairman of the Council of Ministers of Bosnia and Herzegovina...

Automotive

MOL reluctant to give away Romanian plans

Hungarian oil and gas company MOL will continue to keep its contractual relationship with Romanian peer Petrom, MOL said when...

Automotive

MOL reluctant to give away Romanian plans

Hungarian oil and gas company MOL will continue to keep its contractual relationship with Romanian peer Petrom, MOL said when...

Automotive

Car sector helps Slovak industry rebound in April

Slovakia's industrial output growth accelerated in April from a 33-month low in March as production in the key car sector...

Automotive

Car sector helps Slovak industry rebound in April

Slovakia's industrial output growth accelerated in April from a 33-month low in March as production in the key car sector...

Automotive

Tata Motors completes acquisition of Jag, Land Rover

Tata Motors Ltd, India’s top vehicle maker, said on Monday it had completed the $2.3 billion acquisition of Jaguar and...

Automotive

Tata Motors completes acquisition of Jag, Land Rover

Tata Motors Ltd, India’s top vehicle maker, said on Monday it had completed the $2.3 billion acquisition of Jaguar and...

Automotive

BAE Systems wins deal for US Army vehicles

BAE Systems won a $1.66 billion fixed price contract to supply the US Army with 10,000 medium tactical vehicles, the...

Automotive

BAE Systems wins deal for US Army vehicles

BAE Systems won a $1.66 billion fixed price contract to supply the US Army with 10,000 medium tactical vehicles, the...

Automotive

BMW launches 1 series compact car in China

BMW the world’s largest maker of premium cars, rolled out its BMW 1 series in the fast-growing China market on...

Automotive

BMW launches 1 series compact car in China

BMW the world’s largest maker of premium cars, rolled out its BMW 1 series in the fast-growing China market on...

Automotive

Porsche to take control of VW by September: source

German sports car maker Porsche wants to increase its stake in Volkswagen from 31% to a majority in September or...

Automotive

Porsche to take control of VW by September: source

German sports car maker Porsche wants to increase its stake in Volkswagen from 31% to a majority in September or...

Automotive

Czech gov’t approves aid in return for Volkswagen investment

The Czech government agreed Wednesday to upgrade infrastructure near two Skoda Auto AS plants if automaker’s parent company Volkswagen AG...

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...