Automotive

Automotive

Electric cars may hurt Hungarian industry, says analysis

The expansion of the market in electric vehicles may have a negative impact on the Hungarian economy already within five...

Automotive

Declining auto sector output stalls industrial growth

Output of Hungaryʼs automotive sector, a key driver of industry in the country, fell 7.9% year-on-year in July, shows a...

Automotive

Norwayʼs Sapa to invest HUF 6.8 bln at base in Hungary

The local unit of Norwegian extruded aluminum profile maker Sapa is building a HUF 6.8 billion plant at its base...

Automotive

Industrial production slows in July

Hungaryʼs industrial output rose by just 0.2% year-on-year in July, the Central Statistical Office (KSH) said in a first reading...

Automotive

Industrial producer prices up 1.2% in July

Industrial producer prices as a whole were 1.2% higher in July 2017 than in the same month of the previous...

Automotive

Investments in construction gaining momentum

Investments in Hungary rose 26.8% year-on-year in volume terms in Q2 2017 from a low base one year earlier, the...

Automotive

Touted eTruck investment seems too good to be true

One of last weekʼs stories reported by the BBJ was of a huge investment project aiming to build electric lorries...

Automotive

Bentley showroom opening in Budapest

Porsche Inter Auto Hungaria will start selling Bentley luxury cars next year, according to a report on news portal hvg.hu....

Automotive

KSH confirms industrial output rising 4% in June

In June industrial output in Hungary increased by 4%, following a 8.8% growth in May. Output increased 6.5% in June...

Automotive

Used car sales up 11.5% in first half

The number of used cars sold in Hungary rose 11.5% year-on-year in the first half of 2017, used car dealer...

Automotive

Industrial output increases 4.0% in June

Hungaryʼs industrial output rose 4.0% year-on-year in June, the Central Statistical Office (KSH) said in a first reading of data...

Automotive

New car registrations climb almost 16% in July

New car registrations in Hungary climbed 15.8% from a year earlier to 9,336 in July, the Hungarian Association of Vehicle...

Automotive

Industrial production up 8.8% in May

In May 2017, the volume of industrial output rose by 8.8% year-on-year, a second estimate of data from the Central...

Automotive

Industrial production up 8.8% in May

In May 2017, the volume of industrial output rose by 8.8% year-on-year, according to a first release of data from...

Automotive

SMEs see revenue climbing almost 9% in next 12 months

Hungarian SMEs expect their revenue to rise 8.5% in the coming 12 months, according to a quarterly gauge of confidence...

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...