Automotive

Automotive

Automotive Sector Within the Scope of Planned NIS II Cybersecurity Rules

The current EU cybersecurity directive (Directive on Security of Network and Information Systems, or NIS I) has been revised by...

Automotive

Autonomous Cars Taking Over the Wheel Step by Step

U.S. animated sitcom “The Jetsons” first aired on September 23, 1962, and envisaged a future where cars would fly. While...

Automotive

AutoWallis EBITDA almost triples in Q1

AutoWallis reported a 142% year-on-year increase in revenue and a 188% y.o.y. increase in EBITDA in its first-quarter management report,...

Automotive

Hungarian Mini- and Midibuses: Smaller Investment, Effective Operation for a Livable Environment

The history of KF Service Solutions Kft., founded by Pál Lovász and five others, has been linked to the Hungarian...

Automotive

Thyssenkrupp Planning for a Successful Year in Hungary

Thyssenkrupp Components Technology Hungary Kft. managing director Marc de Bastos Eckstein reflects on how COVID has impacted the automotive industry...

Automotive

Bridgestone Continues to Leave its Mark on Road to Success

Melinda Topolcsik, Bridgestone’s top representative in Hungary, talks to the Budapest Business Journal about how continuous development at the firm’s...

Automotive

Suzuki marks 30 yrs in Hungary: Investment ‘risk’ a success

Although at the time of the regime change it was a huge risk for an international enterprise to set up...

Automotive

Unexpected decline in domestic used car market in April

Contrary to expectations, the second quarter started with a slowdown in the domestic used car market: according to the latest...

Automotive

Hungary has potential to become major battery exporter

At the moment, Hungary is the 10th largest exporter of electric batteries in the world, but breaking into the top...

Automotive

New car registrations climb 10%

New passenger car registrations rose 10% year-on-year to 42,714 in January-April, the Hungarian Vehicle Importers Association (MGE) said on Monday,...

Automotive

Magyar Suzuki Corporation sets up vaccination point

Magyar Suzuki has set up a COVID-19 vaccination point for its employees, according to a press release sent to the...

Automotive

Magyar Suzuki celebrates 30th anniversary

Carmaker Magyar Suzuki celebrated its 30th anniversary in Hungary this week, according to a press release sent to the Budapest...

Automotive

Audi workers to get HUF 350,000 COVID bonus

Workers at the Hungarian unit of German automaker Audi will get a gross HUF 350,000 "COVID bonus" for what management...

Automotive

Chip shortage shuts down Daimler plant in Hungary till May 2

A shortage of chips has shut down German carmaker Daimler's plant in Hungary until May 2, state news wire MTI...

Automotive

Used car prices climb one-third

Used car prices in Hungary rose by about one-third in the 12 months to March, Hungarian news agency MTI reports,...

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...