Automotive

Automotive

AutoWallis Green Investment Project Value Reaches HUF 3 bln

The AutoWallis Green Finance Committee has prepared its annual Green Bond Allocation and Impact Report on the use and environmental...

Automotive

Gebrüder Weiss Doubles Its Electric Fleet

Bálint Varga, CEO of Gebrüder Weiss Kft., signed an agreement for the procurement of an additional 10 e-vans with Dávid...

Automotive

BYD Announces 1st Dealers in Hungary

Chinese electric vehicle and battery maker BYD on Friday announced the appointment of its first dealers on the Hungarian market,...

Automotive

Shell Study: 9 out of 10 Mechanics Grapple With Engine Deposits

In Hungary, 9 out of 10 auto mechanics experience problems resulting from performance-decreasing deposits on vital engine parts according to...

Automotive

Used Car Sales Rise Close to 3% in August

Used car sales in Hungary rose 2.9% year-on-year to 72,500 in August, listings site JoAutok.hu said on Monday, citing figures...

Automotive

AutoWallis May Increase Planned Sales Due to Strong Performance

After the financial results of the past four record years, the company may increase its planned sales and business figures...

Automotive

New Car Registrations in Hungary Fall 10% in August

The number of new passenger car registrations in Hungary fell 10.4% year-on-year to 8,951 in August, data compiled by the...

Automotive

Automotive Industry Output up 14.4% y.o.y. in July

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

Automotive

Audi Launches HUF 1.5 bln Training Program at SCC in Hungary

German carmaker Audi is investing HUF 1.5 billion in a training program for some 500 staff of the Audi Ahead...

Automotive

Q2 Vehicle Insurance Premiums Average HUF 52,083

Hungarian motorists paid HUF 52,083 for their annual compulsory vehicle insurance premiums, on average, in the second quarter, 12% more...

Automotive

Duna Autó Forms Strategic Cooperation With China’s Sunnic

Hungarian car seller Duna Autó has formed a partnership with China's Sunnic, a joint venture of battery maker Catl and...

Automotive

LG Magna Building 1st European EV Parts Plant in Miskolc

LG Magna e-Powertrain, a joint venture (JV) between LG Electronics (LG) and Magna (Magna) formed in 2021, announced at IAA...

Automotive

Used Car Imports Down Nearly 8% in August

Used car imports in Hungary fell 7.5% year-on-year to 8,977 in August, listings site JoAutok.hu said on Tuesday, citing figures...

Automotive

10 Millionth Electric Steering System Completed at Bosch Maklár

The 10 millionth electric steering system was rolled out at Robert Bosch Automotive Steering in Maklár, one of the largest...

Automotive

H1 EV Orders up Despite Expected Downturn

The number of newly sold electric cars in Hungary exceeded 2,918, in the first six months of 2023, according to...

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...