Automotive

Automotive

Share Now debuts long-term carsharing in Hungary

Carsharing service Share Now is the first provider to make long-term carsharing available in Hungary, according to a press release...

Automotive

MNB approves AutoWallis prospectus for public share offering

The National Bank of Hungary (MNB) has approved the prospectus for the largest public offering in recent years, based on...

Automotive

Acquisitions, organic growth lift AutoWallis sales in Q1-Q3

Acquisitions made last year, as well as organic growth, boosted listed car seller AutoWallis's sales in January-September this year, the...

Automotive

Chip shortage slows vehicle manufacturing output

The output of vehicle manufacturing, an engine of industrial growth under normal circumstances, fell 33.7% year-on-year in August as the...

Automotive

Most Hungarians only look at Highway Code as guideline

Hungarians consider the country's traffic culture to be immature, in most of the cases explaining the high number of accidents...

Automotive

New car sales climb 5% in Jan-Sep

The number of new passenger car registrations in Hungary rose 5% to 95,541 in January-September from the same period a...

Automotive

VW brand dealer Autocity completes HUF 800 mln investment

VW group brand dealer P'-Autocity (Autocity) inaugurated a close to HUF 800 million investment in Pécs on Friday, according to...

Automotive

AutoWallis targets annual revenue of up to HUF 433 bln

Listed Hungarian car seller AutoWallis said it targets annual revenue of HUF 400 billion-433 bln in 2025 in an updated...

Automotive

Hungary 3rd hardest country in world to get driving license in

According to research by online drivers ed company Zutobi, Hungary is the third hardest country in the world to get...

Automotive

Gas stations must indicate fuel efficiency

From the end of September, every gas station must indicate how much it will cost to travel 100 kilometers on...

Automotive

Used car sales remained strong during summer months

According to preliminary data published by DataHouse, 534,400 cars changed hands on the domestic used car market by the end...

Automotive

Audi Hungária marks Technical Development unit anniversary

Audi Hungária celebrated the 20th anniversary of its Technical Development unit in Győr this week, according to a report by...

Automotive

AutoWallis H1 revenue climbs 156%

Organic growth and acquisitions lifted first-half revenue of listed car seller AutoWallis 156% to HUF 97.7 billion from the same...

Automotive

BMW Group remains committed to Debrecen

The BMW Group remains committed to its investment in Debrecen (225 km east of Budapest), which will lead to the...

Automotive

Suzuki shuttering production for 2 weeks

The Suzuki plant in Esztergom (45 km northeast of Budapest) will shut down for two weeks from September 6-18 due...

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...