Automotive

Automotive

Chinaʼs BYD eyes to launch bus production in Hungary

Confirming press reports, China-based bus manufacturer BYD confirmed plans yesterday to set up its first electric bus manufacturing plant in...

Automotive

Hungarian car-sharing startup wins contest

Hungarian car-sharing startup BeeRides won the Ford Mobility Tour startup competition in Budapest on Thursday, according to Hungarian news agency...

Automotive

Electric vehicles in Hungary treble in H1

The number of electric vehicles rolling on Hungarian roads has increased almost threefold in half a year: up from January’s...

Automotive

Leasing outlays for agricultural vehicles reaches HUF 79 bln in Q1

The value of agricultural vehicles leased by companies reached HUF 79 billion in the first quarter of the year, up...

Automotive

Used car sales grow 18% in Q2 in Hungary

Hungary’s second-hand car sales were up by 18% in the second quarter of the year as compared to the same...

Automotive

Company court registers 2% reduction in MOL share capital

The company court has registered a 2% reduction in the share capital of Hungary’s oil and gas giant MOL, according...

Automotive

Used car imports up 22% in Hungary in H1 2016

Imports of used cars increased by 22% in Hungary in the first half of 2016 in a year-on-year comparison, and...

Automotive

KSH confirms production grew 9.2% in May, y-o-y

Hungary’s volume of industrial output was up by 9.2% in May, as compared to the same month a year earlier,...

Automotive

KSH: Hungary’s industrial output up 9.2% y-o-y in May

Industrial production in Hungary increased by 9.2% in May, as compared to the same month a year earlier, according to...

Automotive

MGE: New car registrations up 32% in June

New car registrations rose 32% year-on-year, to 9,685, in June, the Hungarian Association of Vehicle Importers (MGE) said today, according...

Automotive

Audi starts HUF 32 bln expansion in Győr

The Hungarian subsidiary of German car manufacturer Audi launched the construction of a 80,000 sqm car body plant in Győr,...

Automotive

KSH: Hungary’s industrial output up 5.3% in April

A 5.3% increase in Hungarian industrial production in April was confirmed today in a second estimate released by the Hungarian...

Automotive

BP mayor denies alleged switch-out of metro cars

Russia’s Metrowagonmash sent refurbished metro cars to Budapest and not new ones, Budapest Mayor István Tarlós said on Friday, in...

Automotive

KSH: Hungary’s industrial output up 5.3% in April

Industrial production in Hungary increased by 5.3% in April, compared to the same month a year earlier, according to a...

Automotive

Suzuki sales revenue climbs 28% last year

The Hungarian unit of Japanʼs Suzuki had €1.97 bln in sales revenue last year, up 28% compared to 2014, operative...

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...