Automotive

Automotive

Industrial production drops 2.1% in October

Hungary’s volume of industrial output declined by 2.1% in October compared to the same month a year earlier, the index...

Automotive

Budapest to host agriculture conference on Dec. 12

The Netherlands-Hungarian Chamber of Commerce will host a conference entitled “Circular Economy - Sustainable Flow Management in Agriculture” in Budapest...

Automotive

Hungary, ThyssenKrupp sign partnership agreement

The Hungarian government and Germany-based conglomerate ThyssenKrupp AG have signed a strategic partnership agreement....

Automotive

ANY Security Printing gets HUF 46 bln contract in consortium

The Central Office for Administrative and Electronic Public Services has entrusted a consortium comprising Hungarian Banknote Printing and ANY Security...

Automotive

AAA Auto Hungary’s used car sales grow

Used car sales of Czech-based trader AAA Auto peaked in the September-October period at 8,500, rising from 6,300 recorded in...

Automotive

Hungary’s industrial output drops 3.7% in September

The volume of industrial production in Hungary dropped 3.7% in September compared to the same month of 2015, after year-on-year...

Automotive

Industrial output drops 3.7% in September

The volume of industrial production in Hungary was down 3.7% in September compared to the corresponding month of 2015, the...

Automotive

AAA Auto figures reveal Hungariansʼ used car preferences

Some 58,000 vehicles were sold by Czech car trader AAA Auto across its Czech, Hungarian, Polish and Slovakian markets in...

Automotive

Gearing for new model, Audi shifts labor

German carmaker Audi is temporarily moving 850 workers at its base in Hungary while it switches over to production of...

Automotive

Automotive rebound boosts industrial output in August

The volume of industrial output in Hungary was up 11.1% in August, according to raw data, compared to the same...

Automotive

Chinaʼs BYD to invest HUF 6.2 bln in Hungary

Chinese manufacturer BYD is planning to build a HUF 6.2 billion electric bus manufacturing plant in Hungary’s Komárom, its first...

Automotive

Hungary’s industrial production grows 11.1% in August

The volume of Hungary’s industrial output increased by 11.1% in August as compared with the same month a year earlier,...

Automotive

Hungary’s Magnus Aircraft to enter U.S. market, invest in Texas

Hungary-based Magnus Aircraft is planning a USD 2.8 million greenfield investment in an assembly and maintenance plant in Fredericksburg, Texas,...

Automotive

Hungary sees upsurge in new car registrations

The number of new car registrations in Hungary amounted to 8,229 in September, up by 31.3% compared to the same...

Automotive

Suzuki targets 11,000 car sales in Hungary this year

The Hungarian subsidiary of Suzuki has raised this yearʼs sales target in the country to 11,000 vehicles, the Japanese car...

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...