Automotive

Automotive

Maform signs major deal with Japanese auto producer Phiaro

Hungarian industrial design studio Maform Design, the company behind the redesign of the Samsung Galaxy Gear Edge smartwatch, as well...

Automotive

Industrial output up 6.2% in July

In July 2018, the volume of industrial output grew 6.2% year-on-year, according to a first estimate of monthly data from...

Automotive

Wallis to open premium used car salon in Budapest

Wallis is set to open a premium used car salon in Budapest this fall, where customers will have access to...

Automotive

Age of vehicles in Hungary continues to rise

In spite of a marked increase in new vehicle sales, the average age of vehicles on Hungarian roads continued to...

Automotive

New car registrations up 45% in August

New car registrations jumped 45% year-on-year to 12,931 in August, data compiled by carinfo.hu show. Total new car registrations were...

Automotive

KSH confirms 4.2% rise in June industrial output

In June 2018, the volume of industrial output in Hungary grew by 4.2% year-on-year, according to a second estimate of...

Automotive

Manufacturing a Future for Mercedes, for Kecskemét and for Hungary

With booming operations in the country – and getting very close to opening its second plant in here – Mercedes-Benz...

Automotive

German investors preparing for future challenges in automotive industry

Hungary is positioning itself to be a key proving ground of autonomous vehicles by attracting the investments of German companies....

Automotive

Audi begins serial production of e-engines in Győr

Audi Hungaria marked the beginning of the serial production of electric engines at its Győr plant at an official ceremony...

Automotive

Record sales of second-hand cars in Hungary

The second-hand car market in Hungary reached a new record high in the second quarter. The most popular brand is...

Automotive

KSH confirms near-stagnant industrial output in May

In May 2018, the volume of industrial output grew by just 0.4% year-on-year, the Central Statistical Office (KSH) reported in...

Automotive

No Altera shareholder accepts Wallis buyout offer

None of the shareholders of holding company Altera had offered their shares to Wallis Asset Management by the July 9...

Automotive

Industrial producer prices for Hungary grow by more than 5%

Industrial producer prices as a whole were 5.3% higher in May 2018 than in the same period of the previous...

Automotive

Industrial output growth confirmed at 7.8% in April

In April 2018, the volume of industrial production rose 7.8% year-on-year, a second estimate by the Central Statistical Office (KSH)...

Automotive

Hungarian-Israeli committee discusses self-driving vehicles

The Hungarian-Israeli Joint Committee for Economic Cooperation started a two-day meeting in Zalaegerszeg, western Hungary, on Monday, state news agency...

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...