Automotive

Automotive

Mitsubishi Motors may build auto factory in Russia

Mitsubishi Motors Corp., Japan's sixth-largest carmaker, said it may build a factory in Russia to meet rising demand for cars...

Automotive

November industry output up preliminary 10.8% yr/yr

Hungary's industrial output rose an annual 10.8% in November, picking up from 10.6% in October, according to both unadjusted and...

Automotive

Ford sales in Hungary increase 12% in 2006

US car maker Ford sold 23,453 vehicles in Hungary in 2006, 12.31% more than in 2005, the company said on...

Automotive

Toyota expects US hybrid sales may rise 57% this year

Toyota Motor Corp., the world's biggest seller of gasoline-electric hybrid vehicles, expects US hybrid sales to rise as much as...

Automotive

Renault 2006 sales fall on slump in European demand

Renault SA, France's second-largest carmaker, said 2006 global vehicle sales fell as western European deliveries slumped and the company lost...

Automotive

Chrysler aims to double international sales by 2012

DaimlerChrysler AG's US-based Chrysler unit plans to use alliances to help double its sales outside its home market during the...

Automotive

US carmakers losing out to rivals

The „Big Three" US carmakers have continued to lose ground against their Asian rivals....

Automotive

Toyota will build Yaris compact in China from 2008

Toyota Motor Corp., the world's second-largest carmaker, said it will produce the Yaris compact car at its joint venture in...

Automotive

Toyota set to overtake GM in 2007

Toyota Motor Corp. expects to produce a record 9.42 million vehicles next year, a 4% rise that should take it...

Automotive

Hungary’s October retail sales up 2.3% yr/yr, down 0.1 m/m

Retail sales in Hungary increased a calendar year-adjusted 2.3% year on year in October, after rising 4.5% in September, the...

Automotive

Duna Autó wins SUV tender

Car dealer Duna Autó Zrt was named as the winner of a public sector procurement for some 350 Nissan SUV’s,...

Automotive

New passenger car registrations drop in Hungary in November

New passenger car sales plunged in Hungary in November, while in most EU-15 states they grew, the European Automobile Manufacturers...

Automotive

European car sales gain before increase in German tax

Germans led a second consecutive monthly gain in European car sales in November, buying models from Volkswagen AG and Ford...

Automotive

Delphi plans $16 mln capacity expansion at Hungarian unit

US-Japanese automotive parts company Delphi is investing $16 million to increase capacity at one of its units in Hungary, business...

Automotive

Gedia to settle in Tata

German-based Gedia Gebrüder Dingerkus GmbH will build the company’s first Hungarian factory hall in Tata, in the South Industrial Park....

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...