Automotive

Automotive

Hungaryʼs industrial output up 7.8% in April

In April 2018, the volume of industrial output increased by 7.8% year-on-year, according to a first estimate by the Central...

Automotive

Daimler breaks ground for second plant in Hungary

German carmaker Daimler laid the cornerstone of a EUR 1 billion plant at its base in Kecskemét (92 km southeast...

Automotive

MNB clears Wallis buyout offer for Altera shares

The National Bank of Hungary (MNB) on Tuesday approved a mandatory public purchase offer for the outstanding shares of holding...

Automotive

Daimler turns out over 190,000 vehicles in Hungary in 2017

German carmaker Daimler turned out more than 190,000 vehicles at its base in Hungary last year, up 4.1% from 2016,...

Automotive

Mercedes-Benz A-Class production started in Hungary

The Mercedes-Benz plant in Kecskemét, central Hungary, has started production of its new A-Class executive car. This makes the Hungarian...

Automotive

Fewer March work days spell drop in industrial output

Declining output in the vehicle, electronics, food and machinery segments dragged down unadjusted industrial production in Hungary in March, a...

Automotive

Industrial production drops 2.4% in March

In March 2018, the volume of industrial output declined by 2.4% compared to last year’s high base. Based on working...

Automotive

KSH confirms 4.1% rise in February industrial output

In February 2018, the volume of industrial output rose by 4.1% year-on-year, according to a second estimate of monthly data...

Automotive

Hungaryʼs industrial output up 4.1% in February

Hungaryʼs industrial output was up 4.1% in February compared to the same month a year earlier, a preliminary release of...

Automotive

New car registrations climb 29% in March

New car registrations in Hungary climbed 28.5% from a year earlier to 12,748 in March 2018, mainly attributable to high...

Automotive

Shinheung completes HUF 8 bln Hungarian battery parts plant

South Korean-owned Shinheung SEC has completed a HUF 8 billion battery parts plant in Monor, southeast of Budapest, supported with...

Automotive

Audi Hungária revenues over EUR 7 bln last year

Revenues of the local unit of German automobile manufacturer Audi edged up 1% to EUR 7.136 billion in 2017. Capital...

Automotive

Manufacturing lifts Hungaryʼs industrial output in January

In January 2018, the volume of industrial output rose by 6.9% year-on-year, according to a second, detailed estimate of monthly...

Automotive

Koreaʼs SK Innovation breaks ground on battery plant

South Koreaʼs SK Innovation began construction last Thursday of a HUF 97.5 billion plant to make lithium batteries for electric...

Automotive

Hungaryʼs Industrial output rises 6.9% in January

In January 2018, the volume of industrial output rose by 6.9% year-on-year, according to a first estimate of monthly 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...