Automotive

Automotive

Boeing sets up JV with Russian titanium producer

Boeing set up a joint venture Friday with Russia’s VSMPO-Avisma, the world’s largest titanium producer, to make components for the...

Automotive

Danish consortium readies fuel cell “Hywet”

The Danish technology consortium behind Hywet, a two-seater powered by fuel cells and hydrogen-fuelled, plans to roll out its first...

Automotive

Mercedes Car Group nearly doubles earnings

DaimlerChrysler's German-based car business nearly doubled earnings in the Q2 as Mercedes Car Group put its troubles behind it....

Automotive

European Commission endorses €32 million aid to Kia Motors Slovakia

The European Commission has authorized under EU state aid for regional development rules ad hoc aid of €32 million ($44...

Automotive

Serbian automaker Zastava, General Motors sign Opel deal

Serbian automaker Zastava and General Motors Corp. signed on Thursday a contract for the local assembling an Opel model starting...

Automotive

Honda to build original cars in China

Honda Motor Co. said Wednesday it would become the world's first foreign automaker to develop and market cars under an...

Automotive

Chevrolet Europe targets booming new Eastern markets

General Motors may be having to beg, plead and bribe for every sale in the US, but its blue-collar subsidiary...

Automotive

Ford denies reports it’s in talks to sell Volvo unit – update

Ford is denying reports that it's putting Volvo up for sale. Officials say the company is not negotiating with anyone...

Automotive

Eurozone industrial production up 0.9% in May

Industrial production in the eurozone picked up by 0.9% in May, compared to the previous month, the European Union's statistics...

Automotive

Toyota, Isuzu to jointly build new diesel engine

Toyota Motor Corp. and Isuzu Motors Ltd. plan to set up a joint corporation to produce next-generation environmentally friendly diesel...

Automotive

Porsche borrows €10 billion to pay for Volkswagen stake

Porsche AG, maker of the 911 sports car, borrowed $13.7 billion from 37 lenders to finance its purchase of Volkswagen...

Automotive

Ford to assemble 2007 Mondeo in northwestern Russia

Ford plans to assemble 25,000 new Mondeo cars annually at its Vsevolozhsk plant in northwestern Russia, a local government official...

Automotive

Fuel supplies fail to meet emission standards in China

Officials are calling for a new standard on car emissions to be delayed for two years until the right fuel...

Automotive

Foreign car sales in Russia grow 70% to 720,000 in H1 2007

Sales of foreign cars in Russia increased 70%, year-on-year, in January-June 2007, to 720,143 vehicles, the automobile manufacturers committee of...

Automotive

UK industry grows unexpectedly fast

Industrial production and manufacturing output both grew faster than analysts expected in May, official figures show....

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...