Automotive

Automotive

Romania inflation eases, industrial production falls

Romania’s consumer price inflation eased in May, data from the National Institute of Statistics (INS) shows. The consumer price index...

Automotive

Automotive industry output drops 80% y.o.y. in April

The output of the automotive industry, representing approximately 10% of Hungaryʼs total manufacturing output, fell by 80% year-on-year in April,...

Automotive

Slovakia industrial production logs record fall in April

Slovakiaʼs industrial production declined at a record pace in April, data from the Slovak Statistical Office (SÚSR) shows. Industrial production...

Automotive

Net investment in Romania up in Q1

Net investment in Romania’s economy increased 5% on the year in the first quarter of 2020, reaching RON 18.44 billion...

Automotive

Romania GDP growth slows in Q1

Romania’s economic growth decelerated to 2.4% year-on-year in the first quarter of 2020, compared to a 5% annual increase in...

Automotive

Bulgaria industrial production fall for second month in April

Bulgaria industrial production fell for the second straight month in April, according to the latest data from the National Statistical...

Automotive

Lada imports suspended indefinitely

The import of the new car from the Russian Lada brand has been suspended for an indefinite period of time,...

Automotive

Czech industrial production declines in April

The Czech Republic’s industrial production declined in April, according to the latest data released by the Czech Statistical Office (CZSO)....

Automotive

Slovak retail sales in free fall in April

Retail sales in Slovakia tumbled 14.3% from a year earlier in April, the most since a record fall in February...

Automotive

Estonia’s GDP shows Q1 contraction

Estonia’s economy contracted in the first quarter of this year on weak household spending and investment, data published by Statistics...

Automotive

New car registrations drop more than 50% in May

New car registrations in Hungary dropped 52% from a year earlier to 6,472 in May, the Hungarian Association of Vehicle...

Automotive

Industrial producer prices up 3.7% y.o.y. in April

Industrial producer prices as a whole were 3.7% higher in April 2020 than in the same month of 2019, with...

Automotive

Bosnia’s Federation industrial output down in April

The industrial output of the Federation of Bosnia and Herzegovina dropped by 19.1% year-on-year in April after falling 13% in...

Automotive

Poland industrial production, producer prices decline

Poland’s industrial production declined at a faster-than-expected rate in April, and producer prices fell for the second straight month, figures...

Automotive

Crisis-hit Economy Performed Well Above EU Average

The first macroeconomic data that already shows the effects of the pandemic were released in the past week, and they...

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...