Automotive

Automotive

Hungarians Bought a New Toyota Every Half Hour Last Year

Whether corporate or private buyers, Toyota was still the favorite of Hungarian new car buyers in 2023: a new Toyota...

Automotive

EVs, Hybrids 1/3 of Mercedes Cars Sold in Hungary

Fully electric or plug-in hybrid models accounted for one-third of the new Mercedes-Benz passenger cars sold in Hungary last year,...

Automotive

Motorway Vignette Sales Edge Down to 14.9 mln in 2023

Motorway vignette sales in Hungary slipped 1% to around 14.9 mln last year, toll system operator NÚSZ said on Thursday,...

Automotive

Passenger Cars per 1,000 People at 424 in Hungary

There were 424 passenger cars per 1,000 inhabitants in Hungary in 2022, well under the 560 average for the European...

Automotive

Audi Hungaria Engine Output Reaches 1,660,425 in 2023

The local unit of German car maker Audi produced 1,660,425 engines at its plant in Győr last year, Audi Hungaria...

Automotive

AutoWallis Group Closes Record Year at Regional Level

AutoWallis Group’s sales have set records across all business units in 2023: the car sales and mobility service provider plays...

Automotive

Automotive Industry Output Falls 1.7% in November

The output of the automotive industry, Hungary's most significant manufacturing sector, slipped 1.7% year-on-year in November, falling for the first...

Automotive

BYD Announces 3rd Dealer in Hungary

China's BYD, the world's biggest electric vehicle maker, on Thursday announced the appointment of its third dealer in Hungary: Schiller...

Automotive

Toyota Boosts Market Share in Hungary

Sales of new Toyota cars and light commercial vehicles climbed 14.6% to 17,300 last year, even as the market stagnated,...

Automotive

Number of Vehicles With Green Plates Climbs Over 86,000

There were 86,248 vehicles registered in Hungary with green number plates at the end of 2023, up 22,651 from a...

Automotive

Wigo User Numbers Climb Over 100,000

User numbers of Wigo, the carsharing service of Wallis Autómegosztó, rose almost 30% to more than 100,000 last year, the...

Automotive

New Car Registrations Down 3.4% Last Year

The number of new passenger car registrations in Hungary fell 3.4% to 107,720 in 2023, the Hungarian Association of Vehicle...

Automotive

BYD to Set up Plant in Hungary

China's BYD, the world's biggest electric vehicle maker, will build its first plant in Europe in the Hungarian city of...

Automotive

New Car Registrations in Hungary Fall Nearly 13% in November

The number of new passenger car registrations in Hungary dropped 12.6% year-on-year to 8,305 in November, news agency MTI writes,...

Automotive

Rába, Nurol Makina Set up JV

Hungary's Rába Vehicle and Nurol Makina Hungary, the local unit of Turkish defense industry company Nurol Makina, signed documents on...

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...