Automotive

Automotive

GM predicts sales of 1 million autos in China for 2007

US auto giant General Motors (GM) expects sales in China to exceed 1 million vehicles in 2007, state media reported...

Automotive

Lear to invest €25 mln in new Slovak plant

US auto-parts maker Lear Corp. said on Tuesday it would invest €25 million ($34 million) in Slovakia to build a...

Automotive

Used-car imports spike in Bulgaria since EU entry

Imports of used cars to Bulgaria have risen sharply since the country joined the European Union at the start of...

Automotive

GM bearer of glad tidings for Saab plant – extended

Saab's factory in Sweden's Trollhättan is one of four locations selected by General Motors for the production of the next...

Automotive

Peugeot to invest €100 mln on new small car at Slovak plant

Peugeot said it is to invest €100 million ($135.5 million) to launch a new model to be made at its...

Automotive

Swedish-German group of experts plan to make cars cheaper

A Swedish-German government commission has been set up to look into ways of cutting the price of cars, Sweden's Trade...

Automotive

European new car sales weak in Q1

According to the ACEA, European new car sales were weak in the Q1 of 2007 – some 0.3% down on...

Automotive

Nissan Mexicana to introduce a new compact sedan

Nissan Mexicana announced today it will introduce a new compact sedan to the Mexican market based on the Renault Logan....

Automotive

Foreign car sales rising rapidly in Russia

Foreign car sales grew 74% to 125,210 cars in Russia in the Q1 of 2007, the automobile manufacturers committee of...

Automotive

GM Europe Q1 sales rise 6%; strong Russia offsets weak UK

General Motors Corp.'s European division said Monday that sales in the Q1 reached 553,621 vehicles, an increase of 5.8% compared...

Automotive

Bridgestone ranked as top foreign investor in Poland

Poland’s leading monthly business magazine, Forbes Poland, has named Bridgestone as the top foreign investor in Poland for 2006....

Automotive

German car sales slump in wake of tax hike

German car sales plunged 10% during the Q1 this year, according to data released Thursday, following the hefty rise in...

Automotive

GM Daewoo seeks to buy Romania Daewoo plant

The CEO at GM Daewoo Auto & Technology Co., South Korea's No.3 automaker, said that the company is in negotiations...

Automotive

Magyar Suzuki recalls cars on handbrakes

The Japanese carmaker based in Hungary, Magyar Suzuki Zrt, Monday announced a recall for 40,000 SX4 Suzuki models to rectify...

Automotive

BMW unveils India assembly plant

German carmaker BMW has unveiled its first assembly plant in Chennai, India's fourth largest city....

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...