Automotive

Automotive

Romania GDP growth slows in Q3

Romania’s economic growth slowed further in the third quarter, data from the countryʼs National Institute of Statistics (INS) shows....

Automotive

Romaniaʼs industrial production rises in September

Romania’s industrial production rose in September, driven by expansion in the mining sector, data from the Bucharest-based National Institute of...

Automotive

Whopping Industrial Figure to Lift Full Year GDP

Following weak end-of-summer data, Hungarian industry caught up in September, basically showing no sign of any negative impacts from the...

Automotive

Poland tops 1 GW of solar

Poland reached total solar generation capacity of 1,007.2 megawatt (MW) at the end of September, according to figures provided by...

Automotive

Slovenia industrial output growth accelerates in September

The growth of Slovenia’s industrial production accelerated to 1.9% year-on-year in terms of value in September, up from 0.8% in...

Automotive

Hungary leasing outlays up 9.3% in Q1-Q3

Outlays of Hungarian leasing companies rose 9.3% year-on-year to close to HUF 550 billion in the first nine months of...

Automotive

Czech industrial production decline slows in September

The Czech Republic’s industrial production declined for the second straight month in September, albeit at a slower rate, figures from...

Automotive

Audi to increase engine production in Hungary, says Szijjártó

German carmaker Audi will increase the production of engines at its Hungarian factory to 2.25 million units next year, Minister...

Automotive

Serbia’s annual retail sales growth slows in September

Serbia’s retail sales increased by a real 7.3% year-on-year in September, after posting a 7.6% annual rise in the previous...

Automotive

MOL buys stake in Azerbaijan’s ACG oil field, BTC pipeline

Hungarian oil and gas company MOL on Monday signed a deal with Chevron Global Ventures and Chevron BTC Pipeline to...

Automotive

AutoWallis registers strong Q1-Q3 sales results

In the first nine months of 2019, AutoWallis managed to increase its new vehicle sales by one-fifth, while its used...

Automotive

Bosnia industrial output contracts further in September

Industrial production in Bosnia and Herzegovina slumped 7.4% year-on-year in September, following a 5.9% fall in the previous month, the...

Automotive

Audi Hungaria to cut number of workers on fixed-term contracts

Audi Hungaria is not laying off employees, but reducing the number of its workers on fixed-term contracts depending on market...

Automotive

Hungarian-Israeli JV to develop self-driving bus comms system

Hungarian and Israeli business partners have established a joint venture to develop a communication system for dispatchers and passengers on...

Automotive

Joyson Safety Systems plans expansion in Miskolc

Chinese-owned automotive supplier Joyson Safety Systems will invest HUF 16 billion to expand its plant in Miskolc (NE Hungary), Minister...

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...