Automotive

Automotive

Bosch, BME Launch Center for Training Next-gen Engineers

Bosch and the Budapest University of Technology and Economics (BME) inaugurated their Competence Center for Innovative Vehicle Technologies, a state-of-the-art...

Automotive

Number of Public EV Charging Stations in Hungary up 14%

The number of public electric vehicle charging stations in Hungary rose 14% to 2,147 last year, a report by the...

Automotive

Kravtex Signs 200 Unit Volánbusz Order

Hungary's Kravtex will deliver 200 Credo Econell 12-type buses to state-owned Volanbusz by year-end in the framework of an agreement...

Automotive

AutoWallis 2022 Earnings up 166% on Higher Sales, Wider Margins

After-tax profit of listed car seller AutoWallis rose 166% to HUF 8.6 billion in 2022, lifted by higher revenue and...

Automotive

Bosch, BME Inaugurate EV Tech Center

The Budapest University of Technology and Economics (BME) and German engineering giant Bosch inaugurated an Innovative Vehicle Technology Competency Center...

Automotive

Audi Hungaria Management, Union Reps Reach Wage Deal

The management of Audi Hungaria has reached an agreement with union representatives on this year's pay rise, the local unit...

Automotive

Magyar Suzuki to Start Dual Training Courses

The Komárom-Esztergom County Chamber of Commerce and Industry has registered Magyar Suzuki as one of the accredited partner organizations of...

Automotive

Hungarian Used Car Market Shows Signs of Recovery

According to preliminary DataHouse data, 64,000 cars changed hands in February, down 4% from 67,700 in January, but if the...

Automotive

AutoWallis Publishes 1st Sustainability Report

The AutoWallis Group has published its first sustainability report, and it will continue to do so after each business year,...

Automotive

Global Energy Crisis Increases Electric Vehicle Expenditure

With motorists eyeing greener transport options, electric vehicles are gaining ground in Hungary. Yet, driving a pure EV has gotten...

Automotive

Audi Hungaria Revenue Reaches EUR 8.4 bln in 2022

Revenue of the local unit of German car maker Audi rose by EUR 719 million to EUR 8.436 bln last...

Automotive

Wage Negotiations Continue at Audi

Wage negotiation between delegations representing the employer and employees continued at Audi in Győr (120 km northwest of Budapest), writes...

Automotive

2/3 of Hungarians Underestimate Car Repair Costs

Some 66% of Hungarians underestimate the repair costs of basic damage and minor accidents to their cars, according to a...

Automotive

Continest Technologies, Partners Present Mobile EV Charging Station

Hungary's Continest Technologies, which makes foldable containers that can be used as temporary accommodations, offices, or first aid stations, presented...

Automotive

Hungarian Tire Market Recovered Last Year

Despite changing circumstances and inflation, the Hungarian tire market was able to strengthen last year, as sales indicators reached pre-coronavirus...

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...