Automotive

Automotive

Rosatom again calls tender for Paks turbines

A tender to deliver turbines for new blocks at Hungaryʼs Paks nuclear power plant has again been called, AO IK...

Automotive

Budapest uses huge amount of water to cool streets

The Budapest Public Area Maintenance Company (FKF) has been roaming Budapest with twenty sprinkler vehicles in recent weeks, using a...

Automotive

Hungary’s industrial output grows 2.7% in May

Hungary’s industrial producer prices grew by 2.7% in May, as compared to the same month a year earlier, Hungary’s Central...

Automotive

Schäfer-Oesterle opens HUF 130 mln production hall

The Hungarian subsidiary of Schäfer-Oesterle, a German producer of leather interiors for cars, inaugurated a 1,000 square-meter production hall in...

Automotive

Miskolc plant awaits outcome of Takata bankruptcy

Japanese car parts manufacturer Takata, the company at the center of the largest vehicle recall in history as a result...

Automotive

Hungary’s retail sales up 3.2% in April

Hungary’s retail sales volume increased by 3.2% in April according to raw data and, mainly due to the Easter effect,...

Automotive

Wabererʼs to fund Polish acquisition via EUR 50 mln IPO

Hungarian road haulage company Wabererʼs announced Tuesday that it plans to raise EUR 50 million in an initial public offering...

Automotive

New car registrations up 29% in May, says MGE

New car registrations in Hungary rose 28.6% from a year earlier to 10,952 in May, the Hungarian Association of Vehicle...

Automotive

Samsung inaugurates EV battery plant in Göd

Korea-based Samsung inaugurated a HUF 100 billion electric vehicle battery plant in Göd, near the capital of Budapest on Monday,...

Automotive

Audi to launch electric motor production

German carmaker Audi will start production of electric motors at its base in Hungary in two weeks, Audi Hungaria Chairman...

Automotive

Hungary’s industrial output up 13.4%

Hungary’s industrial production rose 13.4% in March, compared to the same month a year earlier, while adjusted for working days,...

Automotive

Hungary’s industrial output up 12.8% in March

Hungary’s industrial production was up by 12.8% in March, as compared to the same month a year earlier while adjusted...

Automotive

New car registrations up 7.7% in April, says MGE

New car registrations in Hungary rose 7.7% year-on-year to 8,681 in April, the Hungarian Association of Vehicle Importers (MGE) said...

Automotive

Mercedes Hungary sees record turnout, sales in 2016

The Hungarian subsidiary of Mercedes-Benz (Mercedes-Benz Manufacturing Hungary Kft.) has closed a record year seeing EUR 3.4 billion revenues and...

Automotive

Rába signs EUR 10 mln contract with Austrian peer

Hungarian automotive manufacturer Rába has signed a EUR 10 million contract with the Austrian subsidiary of Munich-based Rheinmetall MAN Military...

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...