Automotive

Automotive

Hungarian vehicle importers raise sales projection

The Hungarian Association of Vehicle Importers (MGE) has raised its forecast for sales of passenger cars and light commercial vehicles...

Automotive

AAA Auto Hungary plans growing sales, expansion

The Hungarian branch of AAA Auto is looking to increase sales by more than 10% this year to approximately 70,000...

Automotive

Automotive sector puts brake on Hungary’s industry

As output of Hungary’s automotive sector, which is considered the engine of industry here, fell by 8.5% in July compared...

Automotive

Varga discusses buses with Mercedes-Benz Hungary

Hungary’s Minister for National Economy Mihály Varga yesterday met the head of Daimler Buses Hartmut Schick and the managing director...

Automotive

Poor industrial output in July raises doubts about reaching annual growth targets

Hungarian industrial output dropped in July, which is only partly to do with there being fewer working days in that...

Automotive

Survey: Fewer motorists use brand services

Currently only one-fifth of Hungarian motorists take their vehicles to brand services for inspections and repair, according to a survey...

Automotive

Varga inaugurates Hungarian e-vehicle charging station

Hungary’s Minister of National Economy, Mihály Varga, yesterday inaugurated an electric vehicle charging station that is located in Budapest and...

Automotive

KSH confirms industrial production up 2.3% in H1

Although the volume of industrial output in Hungary declined by 0.3% in June compared to the corresponding month a year...

Automotive

Voluntary pension fund assets exceed HUF 1 trln

Assets of members of Hungaryʼs National Association of Voluntary Pension Funds (ÖPOSZ) reached HUF 1.095 trillion at the end of...

Automotive

KSH: Industrial production drops 0.3% in June, rises in H1

Hungary’s volume of industrial output declined by 0.3% in June, as compared to the same month last year, but for...

Automotive

Audi starts serial production of new TT RS model in Hungary

Audi Hungaria Motor, the Hungarian unit of German carmaker Audi, started serial production of the new Audi TT RS model...

Automotive

MGE: New car registrations up 15% in July

New car registrations were up 15% year-on-year at 8,064 in July, the Hungarian Vehicle Importers Association (MGE) said today, according...

Automotive

Audi Hungary’s revenue, output down in H1

Audi Hungaria Motorʼs first-half revenue fell about 11% year-on-year to €3.697 billion, the company told Hungarian news agency MTI today....

Automotive

Mercedes-Benz to spend €1 bln on second Hungarian plant

The Hungarian subsidiary of Mercedes-Benz is planning to invest €1 billion to build a second plant next to its existing...

Automotive

Test production started in Croatia gas fields by MOL unit

The start of test production at two gas fields in Croatia was announced today by INA, the local unit of...

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...