Automotive

Automotive

ÁKK sells HUF 40 bln of six-week T-bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of discount six-week T-bills at a liquidity auction on Monday,...

Automotive

Industrial producer prices up 4.5% in October

Industrial producer prices as a whole were 4.5% higher in October 2017 than in the same month of 2016, according...

Automotive

Almost two-thirds of SMEs plan investments

Around 62% of SMEs are planning on investing in the next 12 months, compared to the 50% who had investment...

Automotive

KSH confirms 5.4% rise in September industrial output

The volume of industrial output in Hungary rose by 5.4% year-on-year in September, according to a second release of monthly...

Automotive

Industrial production up 5.4% in September

In September 2017, the volume of industrial output rose by 5.4% year-on-year, according to a first estimate of monthly data...

Automotive

MOL acknowledges EC approval of investment aid

Hungarian oil and gas company MOL on Thursday acknowledged the European Commissionʼs authorization of EUR 131 million of investment aid...

Automotive

EV charging stations continue to proliferate

Charging stations for electric vehicles are rapidly spreading across Hungary. Prices of electric vehicles are still high, but are expected...

Automotive

Brussels clears state aid for MOL investment

The European Commission on Wednesday cleared the provision of EUR 131 million in state aid for an expansion of oil...

Automotive

LeasePlan gains new commercial director

László Rónai-Horst became the commercial director of LeasePlan’s Hungarian subsidiary this summer, taking up the post left vacant by CEO...

Automotive

Industry gains momentum in August

In August 2017, the volume of industrial output was 6.8% higher than a year earlier based on both working day-adjusted...

Automotive

Used car sales up 4% in third quarter

Used car sales and average prices have both risen in the third quarter in Hungary. Prices have grown most for...

Automotive

Industrial output picks up again in August

In August 2017, the volume of industrial output rose by 6.8% year-on-year. The index adjusted for working days was equal...

Automotive

Ten Pao inaugurates electronics plant in Miskolc

Hong Kongʼs Ten Pao inaugurated a 2,600 square-meter electronics plant in Miskolc, northeast Hungary, on Thursday. The plant is the...

Automotive

Maxon plant to supply NASA mission to Mars

Switzerlandʼs Maxon is building a HUF 4.2 billion expansion at its electric motor base in Veszprém, western Hungary, Minister of...

Automotive

Audi to produce electric cars in Hungary

Audi is speeding up its plans to become one of the biggest players on the electric vehicle market, and Hungary...

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...