Automotive

Automotive

Mitsubishi maps out midterm growth plan

Mitsubishi Motors Corp said it would focus on promising new car markets to secure medium-term growth, announcing a target of...

Automotive

Renault to pay over $1 bln for AvtoVAZ

French carmaker Renault will pay over $1 billion for a stake of 25% plus one share in Russia's largest carmaker...

Automotive

Renault to pay over $1 bln for AvtoVAZ

French carmaker Renault will pay over $1 billion for a stake of 25% plus one share in Russia's largest carmaker...

Automotive

Car industry factors heavily in Slovak GDP

The auto industry covered one-quarter of Slovakia's GDP and one-third of the country's exports in 2007....

Automotive

Car industry factors heavily in Slovak GDP

The auto industry covered one-quarter of Slovakia's GDP and one-third of the country's exports in 2007....

Automotive

GE, Kazakhstan in joint locomotive project

General Electric Co will start production of new diesel-powered locomotives in the Central Asian state of Kazakhstan before the end...

Automotive

GE, Kazakhstan in joint locomotive project

General Electric Co will start production of new diesel-powered locomotives in the Central Asian state of Kazakhstan before the end...

Automotive

Europe new car sales up 0.3% in Jan – ACEA

New passenger-car registrations slipped 0.3% in Europe in January, with robust sales in emerging markets to the east offsetting stagnant...

Automotive

Europe new car sales up 0.3% in Jan – ACEA

New passenger-car registrations slipped 0.3% in Europe in January, with robust sales in emerging markets to the east offsetting stagnant...

Automotive

Top oil firms spend more but get less crude

The world’s three largest fully publicly traded oil firms are investing billions of dollars more, but there is little sign...

Automotive

Top oil firms spend more but get less crude

The world’s three largest fully publicly traded oil firms are investing billions of dollars more, but there is little sign...

Automotive

China sees sedan exports more than doubled

China's sedan exports more than doubled year-on-year to 188,600 units in 2007, according to figures from the General Administration of...

Automotive

China sees sedan exports more than doubled

China's sedan exports more than doubled year-on-year to 188,600 units in 2007, according to figures from the General Administration of...

Automotive

GM doubles Serbian market share

US-based automotive giant General Motors (GM) has reportedly 4,993 Opels and 2,492 Chevrolets in Serbia in 2007....

Automotive

GM doubles Serbian market share

US-based automotive giant General Motors (GM) has reportedly 4,993 Opels and 2,492 Chevrolets in Serbia in 2007....

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...