Automotive

Automotive

Huge potential for China-Russia trade in vehicles, auto parts

There is huge potential for cooperation between China and Russia in the automotive trade, an official with the Ministry of...

Automotive

Mazda ranks first in auto Bild’s 2007 Quality Report

Germany's largest car magazine, Auto Bild, has ranked Mazda in first place in its highly respected 'Quality Report' for 2007,...

Automotive

Hertz, Avis to offer hybrid rental options

Car rental rivals Hertz and Avis both announced they are adding thousands of fuel-efficient and eco-friendly hybrids to their US...

Automotive

China’s automobile production & sales increased more than 20%

From January to May Chinese production and sales of automobiles went up by 21.32% and 22.03% more than in the...

Automotive

European Commission to test hydrogen car

The European Commission has received an environmentally friendly car for testing, Commission spokesman Maximilian Strotmann said Wednesday....

Automotive

Hungary: Cadence Innovation expands manufacturing footprint to Esztergom

Cadence Innovation conducted a grand opening ceremony today commemorating the official start of production at its newest manufacturing plant. This...

Automotive

Peugeot plans to sign deal on car production in Russia

Russia's economics ministry and French carmaker Peugeot-Citroen plan to sign an investment agreement on industrial production of Peugeot cars in...

Automotive

Hungary industrial production rebounds in April

Hungarian industrial gross output gained 10.6% on year in April, after rising 4.3% in March, preliminary data from the statistical...

Automotive

Toyota’s worldwide hybrid car sales top 1 mln

Toyota Motor Corp., Japan’s biggest carmaker, said it had sold more than 1 million gasoline-electric hybrid cars, five times as...

Automotive

Japan’s Suzuki to build auto plant near St. Petersburg

Japanese automaker Suzuki plans to build a car plant near St. Petersburg, Japan's Nikkei newspaper reported Tuesday....

Automotive

Investments in Romanian economy reach $3.18 bln in Q1 2007

The total value of investments in Romania's national economy in the Q1 of 2007 reached 7.73 billion RON ($3.18 billion),...

Automotive

Mondi has €875 mln lined up for projects in Eastern Europe

Paper and packaging group Mondi is planning to spend €875 million ($1,176 billion) on projects in Russia and Poland after...

Automotive

Auto makers see huge potential in Russia

Russia's large auto market has huge growth potential as middle class income rises in the former communist country, Canadian Scotiabank...

Automotive

Ford dismisses reports of Volvo sale

Loss-making auto giant Ford has dismissed reports that it was mulling a sale of its subsidiary Volvo Cars to BMW,...

Automotive

MG TF sports cars again produced in England

The Nanjing Automobile Corporation (NAC) held a grand ceremony Tuesday to celebrate the restart of production of MG TF sports...

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...