Automotive

Automotive

Romanian new car sales fell 4.3% in January after EU entry

Romanian new car sales fell 4.3% in January, the first decline after two years of rapid growth, as citizens held...

Automotive

Volvo agrees to buy Nissan Diesel for $1.1 bln – extended

Volvo AB, Europe's second-largest truckmaker, agreed to buy Nissan Diesel Motor Co. for 7.5 bln kronor (€8 billion) to add...

Automotive

Volkswagen profit probably rose on Audi, Skoda sales

Volkswagen AG, Europe's largest carmaker, will probably say Q4 profit rose after a new Audi sport-utility vehicle and Skoda model...

Automotive

DaimlerChrysler to start selling Dodge cars in China

DaimlerChrysler AG, the world's fifth-largest carmaker, will start selling Dodge cars in China as it aims to expand in the...

Automotive

Russian January industrial production surges on building

The pace of growth in output at Russian industrial companies more than quadrupled in January from the slowest rate in...

Automotive

European car sales rise led by Toyota, General Motors

European new car sales rose 1.1% in January, led by gains at Toyota Motor Corp. and General Motors Corp., as...

Automotive

European car sales rise led by Toyota, General Motors

European new car sales rose 1.1% in January, led by gains at Toyota Motor Corp. and General Motors Corp., as...

Automotive

Romania to pay car owners to junk old vehicles, buy new ones

Romania's government said it will spend 49.5 mln lei ($19 mln) this year to encourage owners of cars older than...

Automotive

Highland Gold’s H2 output drops 21%

Highland Gold Mining Ltd., a British company that produces gold in Russia, said H2 output dropped 21% due to lower...

Automotive

Customs Office announces registration tax refunds

Owners of vehicles registered between May 1, 2004 and December 31, 2005 may apply for a partial refund of their...

Automotive

Car makers blame drivers over CO2

The car industry has responded to calls from Brussels' for cleaner low emission cars - saying that they already exist....

Automotive

Skoda, a joke no more, joins Audi in driving Volkswagen profit

Volkswagen AG executives used to consider Skoda cars so dangerous they refused to drive them....

Automotive

Hyundai Motor to start work on Czech plant in April

Hyundai Motor Co., South Korea's largest automaker, plans to hold a ceremony to start its delayed $1 bln (€770 million)...

Automotive

BMW, Audi vehicle sales rise as luxury sales head to a record

Bayerische Motoren Werke AG, the world's largest maker of luxury cars, and rivals Audi and Mercedes reported increases in vehicle...

Automotive

Car industry facing 18% CO2 cut

The European Commission is proposing forcing carmakers to make an 18% cut in CO2 emissions from new cars by 2012....

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...