Automotive

Automotive

Output slows in eastern Europe, holidays play role

Industrial output in eastern Europe slowed sharply in March, partly due to lower demand from the euro zone, but analysts...

Automotive

Output slows in eastern Europe, holidays play role

Industrial output in eastern Europe slowed sharply in March, partly due to lower demand from the euro zone, but analysts...

Automotive

MOL signs deal to acquire 35% of exploration block in India

Hungarian oil and gas company MOL said Thursday it signed a farm-out agreement with India’s Oil and Natural Gas Corporation...

Automotive

MOL signs deal to acquire 35% of exploration block in India

Hungarian oil and gas company MOL said Thursday it signed a farm-out agreement with India’s Oil and Natural Gas Corporation...

Automotive

Serbia, Fiat sign memorandum on joint investment

Serbia and Italian car maker Fiat signed on Wednesday a memorandum of understanding, which envisages strategic cooperation and joint investment...

Automotive

Serbia, Fiat sign memorandum on joint investment

Serbia and Italian car maker Fiat signed on Wednesday a memorandum of understanding, which envisages strategic cooperation and joint investment...

Automotive

Hungary: GKI predicts economic recovery

By the end of 2008, the Hungarian economy will have started to recover and resume growth, with real wages rising...

Automotive

Hungary: GKI predicts economic recovery

By the end of 2008, the Hungarian economy will have started to recover and resume growth, with real wages rising...

Automotive

GM posts quarterly loss on strike, charges

General Motors Corp posted a Q1 loss due to a costly supplier strike, waning demand for its most profitable vehicles...

Automotive

GM posts quarterly loss on strike, charges

General Motors Corp posted a Q1 loss due to a costly supplier strike, waning demand for its most profitable vehicles...

Automotive

Volvo recalls 65,000 vehicles

Sweden's automaker Volvo said it will recall 65,000 cars for a problem with side-impact air bags....

Automotive

Volvo recalls 65,000 vehicles

Sweden's automaker Volvo said it will recall 65,000 cars for a problem with side-impact air bags....

Automotive

White House: No short-term fix to high fuel prices

The White House said on Monday there was no short-term fix to record-high gasoline prices and the United States should...

Automotive

White House: No short-term fix to high fuel prices

The White House said on Monday there was no short-term fix to record-high gasoline prices and the United States should...

Automotive

Chinese automakers mull IPO to fund national brand

Investors, who want to share the growth of the world’s second-largest auto market will have more choices as many automakers...

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...