Automotive

Automotive

Automotive Sector Output Growth Accelerates in June

The output of the automotive industry, Hungary's biggest manufacturing sector, rose 19.1% year-on-year in June, picking up from a 10.8%...

Automotive

Number of Vehicles With Green Plates Climbs Over 76,000

There were over 76,000 vehicles registered in Hungary with green number plates in July, up 21,000 from a year earlier,...

Automotive

Denso Gears up to Tackle Shift to Electrification Head-on

The automotive sector in Hungary is being forced to adapt to the paradigm shift of electrification. Japanese-owned Denso offers an...

Automotive

AutoWallis Acquires Share Now Hungary Operator

The AutoWallis Group is expanding its services portfolio, with the acquisition of the company that operates vehicle share provider Share...

Automotive

AutoWallis Car Sales Climb 67% in H1

Listed car seller AutoWallis's vehicle sales rose 67% to 25,634 in the first half from the same period a year...

Automotive

Hungary EV Market Growth Ahead of CEE Peers

The European electric car market is growing rapidly, and Hungary has made good progress in the Central European region, according...

Automotive

Used Car Imports Over 9,200 in June

The number of imported used cars registered in Hungary reached 9,422 in June, edging up 2% from May, but falling...

Automotive

BMW Group Boasts Double-digit Sales Growth in Hungary

BMW Group's sales of new BMW models in Hungary climbed 15% to 2,690 in the first half from the same...

Automotive

BYD to Construct Battery Plant in Fót

China's BYD, the world's biggest electric vehicle maker, will set up a battery assembly plant in Fót (20 km northeast...

Automotive

Economic Dev Minister Meets With Audi Hungaria Execs

Economic Development Minister Márton Nagy on Tuesday met with Alfons Dintner, chairman of the board, and other executives of the...

Automotive

Auto Registrations Fall 11.2% y.o.y. in May

The number of new passenger auto registrations in Hungary fell 11.2% year-on-year to 8,999 in May, according to data compiled...

Automotive

Continental Celebrates 3 Decades of Automotive Innovation at Veszprém

Continental in Veszprém is celebrating its 30th anniversary this year. Thanks to developments over the past decades, the automotive technology...

Automotive

Audi, Hungary Cooperation ‘Real Success Story’ – Szijjártó

Minister of Foreign Affairs and Trade Péter Szijjártó said the cooperation between Hungary and German carmaker Audi was a "real...

Automotive

Magyar Suzuki Striving to be the Best Employer in the Region

Its employees are the most important strength of Magyar Suzuki. The company has done a lot in recent years to...

Automotive

Rolls-Royce Making HUF 6.9 bln R&D Investment in Hungary

U.K. industrial technology company Rolls-Royce is investing HUF 6.9 billion in a research and development project in Hungary, Minister of...

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...