Automotive

Automotive

Suzuki plant boosts output 54% in 2005

Production volume at Magyar Suzuki Rt's plant in Esztergom, north Hungary increased 54% in the first quarter compared to the...

Automotive

Petrol consumption up 4%-6% in Q1

Hungarian oil and gas company Mol Rt estimates 330,000 tons of petrol and 520,000 tons of diesel were consumed in...

Automotive

Retail sales volume up adjusted 5.9% yr/yr in January

Retail sales volume increased a calendar year-adjusted 5.9% year on year in February, the Central Statistics Office (KSH) reported on...

Automotive

Rába signs contract covering 30% of military offset deal

Vehicle maker Rába Jármű Kft has signed a contract with the Ministry of Economy and Transport covering 30% of an...

Automotive

Industrial output up 11.6% yr/yr in February

Hungary's industrial output was unchanged in February compared to January, and was up 11.6% according to both workday adjusted and...

Automotive

Grundfos to expand Hungarian operations

Danish pump maker Grundfos will expand its manufacturing plant in Tatabánya, west Hungary and build a factory in Székesfehérvár, Carsten...

Automotive

Rába signs contract with Defense Min

Vehicle maker Rába Nyrt said yesterday it signed orders with the Defense Ministry on Wednesday to supply military vehicles worth...

Automotive

January industrial output up preliminary 11% yr/yr

Hungary's industrial output rose by a seasonally and workday-adjusted 1.3% in January from December and was up by a working-day...

Automotive

Démász raises capital at sales unit

Electricity distributor for southern Hungary Démász Rt announced yesterday it will increase the registered capital of D-Energia Kft, its wholly-owned...

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...