Automotive

Automotive

BMW Group Sales in Hungary Climb 23%

BMW Group sales in Hungary rose 23.2% to 7,732 vehicles in 2025, beating the growth rate for the market as...

Automotive

Over 128,000 Used Cars Imported to Hungary in 2025

The total number of used cars imported to Hungary rose by approximately 15.5% to 128,155 in 2025, listings site Hasznaltauto.hu...

Automotive

Mid-range Vehicles Gain Ground as Used Auto Market Stabilizes

The domestic used-car market is showing signs of a gradual but clear structural shift, with price segments stabilizing and electric...

Automotive

Rába Q1-Q3 After-tax Profit Climbs on Property Sales

Listed Hungarian automotive industry company Rába had after-tax profit of HUF 6.3 bln in Q1-Q3, climbing from a little over...

Automotive

Toyota Sales in Hungary Reach Nearly 14,000 in Q1-Q3

Toyota brand dealerships sold 13,933 new passenger cars and light commercial vehicles between January and October in Hungary, reaching an...

Automotive

Hungary Used Car Sales Climb About 4% in September

Used car sales in Hungary rose 4.1% to 80,900 in September from the same month a year earlier, listing site...

Automotive

Over 8,000 Applications Submitted for EV Subsidies

Over 8,000 applications have been submitted for subsidies to support the purchase of electric vehicles by companies and sole proprietors,...

Automotive

CATL Debrecen Applies for Modified Environmental Permit

Contemporary Amperex Technology Hungary has applied for a modified environmental permit for its battery plant in Debrecen, the Chinese-owned company...

Automotive

Chinese Brands Gain Ground in Hungary’s Used Car Market

Chinese automakers are continuing to carve out a larger share of Hungary’s used car market, according to the latest data...

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...