Automotive

Automotive

Suzuki Leads Auto Market for 7th Straight Year

Japanese car maker Suzuki led Hungary's new car market for the seventh year in a row in 2022, Magyar Suzuki...

Automotive

New Car Registrations Fall 8.5% in 2022

The number of new passenger car registrations in Hungary fell 8.5% to 111,524 in Hungary in 2022, the Hungarian Association...

Automotive

Homo Homini Lupus Est – Op-ed

Are we - humans - ready for the age of self-driving vehicles or are we going to be the wolves...

Automotive

Magyar Suzuki Again Strove for the Max in 2022

Magyar Suzuki closed a busy year that saw the plant’s employees, suppliers, and partners in Esztergom spend the 12 months...

Automotive

Porsche Hungaria Sales Reach 30,000 in 2022

Porsche Hungaria, the Hungarian importer of Volkswagen group brands, has sold around 30,000 new passenger cars and light commercial vehicles...

Automotive

MOL Unable to Deliver New Fuel Orders Until Monday

Until midnight on Sunday, MOL's wholesale partners can only place new orders for fuel if they can arrange delivery themselves,...

Automotive

Used Car Imports Show Double-digit Decline

The number of used car imports to Hungary fell 19% year-on-year to 9,663 in November, used car website JoAutok.hu said...

Automotive

Automotive Industry Experiences Best Q3 on Record

In its survey of the automotive sector's 16 most significant players, EY found that July-September was the best third quarter...

Automotive

Domestic Motorcycle Market Grew This Year

The domestic motorcycle market grew by more than one-tenth in the first 10 months of this year, while it was...

Automotive

AutoWallis’s new Partnership, Acquisition Boosts 2023 Business Outlook

In less than 24 hours, the AutoWallis Group announced an acquisition (and hence entrance to anew market) and asustainable energy...

Automotive

New Nissan Qashqai. A Unique Electrified Experience, Now Unplugged: This is Nissan e-POWER

The new Qashqai is the first model in Europe to be equipped with Nissan's unique e‑POWER drive system. Exclusive to...

Automotive

Szijjártó Meets With BMW Chairman in Munich

Minister of Foreign Affairs and Trade Péter Szijjártó met with BMW Group chairman Oliver Zipse in Munich on Friday, according...

Automotive

Magyar Suzuki: Courteous Traffic Rules to Make Roads Safer

We can be tense, inattentive, impatient, or aggressive in the car, and many people use the roads as a racetrack;...

Automotive

Narrower Margins, Financial Loss Puts Rába in Red in Q1-Q3

Hungarian automotive industry company Rába booked a HUF 815 million loss in Q1-Q3 as costs rose at a faster clip...

Automotive

AutoWallis Buys Nelson Group’s Fleet Management Division

AutoWallis Group has agreed with Nelson Group on the purchase of its fleet management division, according to a press release...

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...