Automotive

Automotive

Hungary’s biggest gokart track inaugurated 

The Drégely regional recreational association inaugurated a 1.2 km gokart track, Hungary's longest, on the outskirts of Balassagyarmat (about 67...

Automotive

AutoWallis subsidiary establishing base next to Ferenc Liszt Int’l

A technical base is being developed near Budapest Ferenc Liszt International Airport by AutoWallis Group member Wallis Autókölcsönző, representing the...

Automotive

Daimler to shut down production at Hungary plant next week

German carmaker Daimler on Friday said it plans to shut down production at several Mercedes-Benz plants next week including the...

Automotive

How responsible are Hungarian drivers?

Drunk driving, sudden braking, and going through the red light are the three main offenses that Hungarian drivers consider to...

Automotive

AutoWallis acquires land for Budapest showroom

Listed car seller AutoWallis on Tuesday said it acquired an 18,000 sqm plot in the south of the capital where...

Automotive

Used car sales in Jan-Jul above 2020 level

According to newly released preliminary data from DataHouse, 464,700 cars had changed hands in the domestic used car market by...

Automotive

New car sales in Croatia up in July

Sales of new passenger cars in Croatia rose by 10.58% year-on-year in July, reaching 5,675, compared with 5,132 in the...

Automotive

Alpine showroom to open in Budapest this year

A showroom for Alpine sports cars, owned by Renault Group, will open in Budapest early in the fall, Renault Hungária...

Automotive

Automotive sector output up 13.6% y.o.y. in June

The output of Hungary's automotive sector, which accounts for the biggest share of manufacturing in the country, was up 13.6%...

Automotive

Average age of cars in Hungary continues to edge up

The average age of cars in Hungary edged up to 14.7 years in 2020 from 14.4 years in 2019 and...

Automotive

Tire sales in Hungary up 14.5% in H1

Hungary's passenger car tire market grew by 14.5% year-on-year in the first half of 2021, Continental Hungária said on Thursday,...

Automotive

Supply-chain woes cause 3-week shutdown at Daimler plant

German carmaker Daimler is shutting down production at its plant in Kecskemét (82 km southeast of Budapest) for three weeks...

Automotive

AutoWallis raises HUF 6.7 bln with BGS green bond issue

Listed car seller AutoWallis secured HUF 6.7 billion of financing with the issue of a green bond in the framework...

Automotive

Czech Republic in talks with potential battery cell factory investors

The Czech Republic is in talks with two potential investors, including Volkswagen, for an electric battery cell factory and is...

Automotive

Bosch Automotive Steering to invest HUF 52.5 bln in Hungary

German-owned Bosch Automotive Steering will spend a combined HUF 52.5 billion on three investments at its base in Maklár (108...

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...