Automotive

Automotive

Ford reported to be considering sale of Volvo

Loss-making US auto giant Ford was reported to be mulling a sale of its subsidiary Volvo Cars, according to newspaper...

Automotive

American firm to convert cars to electric power

A suburban Cincinnati company plans to convert gasoline-burning cars to electric power and sell them for under $50,000, the company's...

Automotive

Green light for NYC’s yellow cabs to go hybrid

This city's mayor says the signature yellow taxis will all be running on hybrid power by 2012 to reduce air...

Automotive

Successful financial year end results in 2006 for MSC

Having followed a dynamic increase of last years, Magyar Suzuki Corporation managed again to achieve excellent results in financial year...

Automotive

Chery to join hands with Israeli company to explore European, US market

Chinese carmaker Chery Automobile plans to set up a joint venture with an Israeli company in its attempt to explore...

Automotive

Central Russia’s region plans to sign agreement with Volvo

On June 8-10, the government of the Kaluga Region is planning to sign an investment agreement with Sweden's Volvo Group...

Automotive

Britain worse than Eastern Europe for car safety system

A SAFETY system which helps avoid accidents is fitted as standard in fewer new cars sold in the UK than...

Automotive

Hybrid cars increasingly popular in Germany

Nearly one third of consumers in Germany are planning to buy a hybrid vehicle as their second car, a consumer...

Automotive

Kia Motors swings to Q1 loss on strong currency, line shutdown

Kia Motors Corp. posted its third straight quarterly loss Friday, hit by a stronger South Korean currency, production losses from...

Automotive

Shanghai dawn for German concept cars

The importance of the Chinese car market has never been more overtly acknowledged than this week, when both Audi and...

Automotive

Suzuki exports nearly double in Q1

As many as 51,500 Suzuki cars were exported from the factory in northern Hungary in the Q1 of this year...

Automotive

Hydrogen on the road in Norway

Statoil's two hydrogen-fuelled cars were fitted with ‘HY’ (hydrogen) numberplates by Liv Signe Navarsete, the Norwegian transport minister. The cars...

Automotive

China and India are world’s fastest growing car markets

China and India have joined the ranks of the world's biggest car owners as millions of people swap their motorcycles...

Automotive

Hyundai, Kia aim to boost auto sales in Europe to 1.22 mln units by 2010

Hyundai Motor Co., South Korea's largest automaker, and its affiliate Kia Motors Corp. plan to raise their annual sales in...

Automotive

Rolls-Royce opens for business in Austria

The authorized dealer Karner & Grossegger Automobil GmbH & Co. KG, celebrated the opening of its new facilities, located in...

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...