Automotive

Automotive

Profits motoring ahead at Toyota

Japanese car firm Toyota has said it is set for an eighth year of record earnings, after reporting a 19%...

Automotive

Porsche rails at emissions caps that favor Ghosn’s smaller cars

Porsche AG is under threat from the drive to combat global warming, CEO Wendelin Wiedeking says....

Automotive

Hyundai Motor’s Chung found guilty of embezzlement

Hyundai Motor Co. Chairman Chung Mong Koo was sentenced to three years in prison for embezzling funds that were used...

Automotive

General Motors sold record 101,000 vehicles in China in January

General Motors Corp., the world's largest automaker, said it sold a record 101,926 vehicles last month in China, topping the...

Automotive

Glos says EU’s CO2 target „unacceptable,” hurts German industry

German Economy Minister Michael Glos rebuffed as „unacceptable” a European Union plan to set limits on carbon-dioxide emissions for cars...

Automotive

BMW’s 2006 revenue rises 5%, boosted by new 3-series

Bayerische Motoren Werke AG, the world's largest maker of luxury cars, said sales rose 5% to a record last year...

Automotive

Suzuki to raise 2007 sales 8% on overseas demand – extended

Suzuki Motor Corp., Japan's fourth-largest automaker, plans to raise sales 8% this year as overseas demand for its compact cars...

Automotive

Toyota sees 40% jump in ’07 global hybrid sales

Toyota Motor Corp. said on Wednesday it is aiming for a 40% jump in its global sales of gas-electric hybrid...

Automotive

Ford joins US „green” car trend

Ford has become the latest US car maker to unveil a test vehicle that runs on green alternative fuels....

Automotive

Registration fees to increase

In line with a legislative amendment passed by Parliament on December 22, car registration fees will go up from February...

Automotive

Peugeot to supply diesel engines to Mitsubishi Motors

Peugeot, Europe's second-biggest carmaker, will supply diesel engines to Mitsubishi Motors from the middle of this year, expanding the two...

Automotive

Ukraine’s largest car producer will bid for Romania’s plant

UkrAvto, Ukraine's largest manufacturer and distributor of cars, including Toyota, Mercedez-Benz and Renault brands, will bid for Romania's second-biggest car...

Automotive

Iveco expects revenue of 15 billion in 2007

Italian truck maker Iveco plans sales of Ft 15 billion in the country in 2007, keeping within the range of...

Automotive

Volkswagen, Fiat, Toyota led gain in 2006 European car sales

Volkswagen AG, Toyota Motor Corp. And Fiat SpA led an increase in European car sales last year, winning market share...

Automotive

Audi Hungária makes 12% more engines, assembles 92% more cars in 2006

Audi Hungária Motor produced 1,839,600 engines in 2006, 12% more than in 2005; the number of cars the plant assembled...

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...