Automotive

Automotive

Intelligent mobility day at ZalaZONE

MAN Truck & Bus and Porsche Hungaria organized an intelligent transport event on the ZalaZONE Automotive Proving Ground in Zalaegerszeg...

Automotive

Automotive sector accelerates in September

The recovery of Hungaryʼs automotive sector, normally a key element of industrial growth, accelerated in September, according to a detailed...

Automotive

AutoWallis to acquire another Slovenian car dealership

Listed Hungarian car seller AutoWallis on Friday said it signed a preliminary agreement to acquire another Slovenian car dealership, Avto...

Automotive

Semcorp to set up HUF 65.5 bln plant in Hungary

Shanghai-based Semcorp, which makes separators for electric vehicle batteries, will set up a HUF 65.5 billion plant in Debrecen, Minister...

Automotive

AutoWallis registers growth in new vehicle sales

The domestic business unit of AutoWallis saw a rebound to growth in the third quarter, as new vehicle sales within...

Automotive

1 in 10 car owners switch insurers

More than 1.1 million vehicles are still involved in the November compulsory motor third-party liability insurance (kgfb) campaign, and every...

Automotive

Competition Office clears AutoWallis-Opel import deal

Listed car seller AutoWallis on Friday said Hungaryʼs Competition Office (GVH) approved a deal that will make it Opelʼs importer...

Automotive

Automotive industry companies operating at close to full capacity

Nearly all of Hungaryʼs automotive industry companies are operating at close to full capacity in the fourth quarter, the chairman...

Automotive

Hungary Mercedes plant plans routine winter shutdown

German carmaker Daimler plans a routine winter shutdown at its plant in Hungary between December 18 and January 17, Mercedes-Benz...

Automotive

AutoWallis completes acquisition of largest Slovenian BMW dealership

AutoWallis has successfully completed the takeover of the largest BMW dealership in Slovenia, after the company had obtained the official...

Automotive

Chervon Auto to set up HUF 17.5 bln car parts plant in Hungary

Chinese-owned Chervon Auto will set up a HUF 17.5 billion car parts plant in Miskolc (148 km northeast of Budapest),...

Automotive

Automotive sector output climbed 6.2% y.o.y. in August

Output of Hungaryʼs automotive sector climbed 6.2% year-on-year in August, rising for the first time since before the start of...

Automotive

Domestic cars nearly 15 years old on average

On average, domestic cars are nearly 15 years old, according to the Ministry for Innovation and Technology, writes novekedes.hu....

Automotive

From Loom Manufacturing to a World Automotive Brand

3D printers, LED bulbs, the internet, computers, space flight, microwave ovens, mobile phones, television: These are just a few of...

Automotive

AutoWallis NKP bonds available for trading

AutoWallis NKP bonds became available for trading on the XBond market of the stock exchange last Friday, after the Budapest...

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...