Automotive

Automotive

BKK Launches Public Procurement for 50 Electric Buses

The Budapest Transport Center (BKK) has launched a public procurement procedure for the operation of 50 new electric buses, according...

Automotive

Hungarian FDI Electrified by the Electric Vehicle Buzz

Hungary aims to harness the power of the e-transition by attracting the largest possible number of electric vehicle investments. Annual...

Automotive

CATL Planning Carbon-neutral Production in Hungary

CATL aims to build a comprehensive battery production value chain that meets sustainability criteria in all respects, the company announced...

Automotive

Gov’t Launching HUF 60 bln EV Program

The government will launch a HUF 60 billion program in November to put more electric vehicles on Hungary's roads, Minister...

Automotive

New Car Registrations in Hungary Slip 3% in September

The number of new passenger car registrations in Hungary fell 3.1% year-on-year to 9,123 in September, news agency MTI reports,...

Automotive

Used Car Sales Rise Close to 6% in September

Used car sales in Hungary rose 5.8% year-on-year to 70,900 in September, listings site JoAutok.hu said on Friday, citing figures...

Automotive

Rába Shareholders to Vote on Property Sale

Shareholders of listed automotive industry company Raba will vote on the sale of a large piece of real estate no...

Automotive

Hungary to Launch HUF 60 bln EV Subsidy Scheme

The government will launch a HUF 60 billion program in November to put more electric vehicles on Hungary's roads, Minister...

Automotive

AutoWallis Launching Own Carsharing Brand Replacing Share Now

Wallis Autómegosztó will launch its own carsharing service under the wigo brand on October 24. On that day, Share Now...

Automotive

BYD Launches Sales in Hungary

Chinese electric vehicle and battery maker BYD yesterday announced the launch of sales in Hungary, according to autopro.hu....

Automotive

Automotive Industry Output up 4.6% y.o.y. in August 

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 4.6% year-on-year in August, slowing from a 14.4%...

Automotive

AutoWallis Publishes 2022 Sustainability Report

AutoWallis has published its Sustainability Report on the year 2022. According to the report, the company managed to outperform the...

Automotive

AutoWallis Navigates Global Shifts in Balancing Growth and Chinese Competitors

The AutoWallis Group’s public investor day revealed that, despite promising data and “robust growth,” the industry cannot ignore the advance...

Automotive

AutoWallis Becomes Regional MG Parts Distribution Partner

Saic Motor and the AutoWallis Group have entered into an agreement making the Hungarian company MG’s vehicle parts distribution partner...

Automotive

Magyar Suzuki Turns out 500,000 S-Cross Models

The Hungarian unit of Japanese vehicle maker Suzuki has produced the 500,000th S-Cross model at its plant in Esztergom, Magyar...

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...