Automotive

Automotive

AutoWallis, Alteo to Boost EV Charging Infrastructure

The initiative announced last year by Alteo and the AutoWallis Group to support the spread of green mobility in Hungary...

Automotive

EV Charging Station Volume Climbs 45% in Q2

Charging volume at public EV charging stations in Hungary climbed 45% year-on-year to 4,888 MWh in the second quarter, the...

Automotive

Thyssenkrupp Inaugurates HUF 1.8 bln Szeged Office

Thyssenkrupp Automotive Technology Hungary yesterday inaugurated a HUF 1.8 billion engineering office in Szeged (170 km southeast of Budapest) that...

Automotive

Rába Shareholders Clear Property Sale

Shareholders of listed automotive industry company Rába voted to sell a test track the company no longer uses at an...

Automotive

Used Car Sales Fall Nearly 5% in September

Used car sales in Hungary reached 68,600 in September down from 72,200 a year earlier, listings sited JoAutok.hu said on...

Automotive

AutoWallis Posts Double-digit Growth Across the Board

AutoWallis Group has already exceeded its full-year sales figures for 2021 in several areas in the first nine months of...

Automotive

Toyo Ink Inaugurates HUF 7 bln EV Battery Parts Plant in Hungary

Japan's Toyo Ink inaugurated a HUF 7 billion battery parts plant in Újhartyán, on the outskirts of the capital, on...

Automotive

AutoWallis Group Heading in Fresh Directions: Austria and Online Sales

The AutoWallis Group is opening up to online sales and Western Europe markets, with a significant acquisition and business development...

Automotive

Speeding Automotive Sector Lifts Industrial Output but Future ‘Uncertain’

The automotive sector, Hungary’s leading manufacturing segment, has shown accelerated growth recently, boosting the headline industrial figure. While the improved...

Automotive

Automotive Industry Output up 58% y.o.y. in August

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 58% year-on-year in August, albeit from a low...

Automotive

Hungary Wants Leading Role in Vehicle R&D

Hungary wants to play a leading role in areas that will establish the future of the vehicle industry, individually in...

Automotive

New Car Registrations Fall 9% in Jan-Sep

New passenger car registrations in Hungary fell 9.3% year-on-year to 85,769 in January-September, the Hungarian Association of Vehicle Importers (MGE)...

Automotive

Audi Inaugurates Tool Plant Expansion in Hungary

Audi Hungaria inaugurated a HUF 3.8 billion expansion of its tool plant in Győr on Tuesday, according to a report...

Automotive

Continental Inaugurates R&D Expansion in Budapest

German-owned Continental Automotive Hungary inaugurated its Application Development Centre at its R&D base in Budapest on Monday, according to a...

Automotive

Humda Launching Go-Kart Training for Driving Prospects

The Hungarian Motorsport and Green Mobility Development Agency (Humda) has announced the launch of a go-kart training program for children...

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...