Automotive

GSK inaugurates HUF 3 bln production unit in Hungary

The Hungarian unit of British drugmaker GlaxoSmithKline (GSK) inaugurated a HUF 3 billion production unit at its vaccine plant in...

Automotive

GKI lowers GDP growth forecast to 2.0%

Economic research institute GKI has lowered its GDP growth forecast for this year to 2.0% from a projection of 2.3%...

Automotive

Hungarian government could add 50,000 electric cars to road networks by 2020

The Hungarian government is targeting an increase of the number of environmentally-friendly vehicles on the country’s roads to 50,000 by...

Automotive

Wabererʼs Q1 revenue rises, EBITDA drops

Hungarian road haulage company Wabererʼs had first-quarter revenue of €136.7 million, up 3.6% from the same period a year earlier,...

Automotive

KSH: Industrial production dips as auto production slows

Hungary’s industrial production dropped 4.6% in March as compared to the same month a year earlier, chiefly due to a...

Automotive

Hungarian sales lift AAA Autoʼs performance in Jan-Apr

Sales at AAA Auto were up 13.2% in the period of January-April as compared to the same period a year...

Automotive

KSH: Industrial production down 4.6% in March

The volume of industrial output fell 4.6% in March in a year-on-year comparison, aided in part by last year’s high...

Automotive

Business chamber urges Hungarian government to mandate it with company registration

The Hungarian Chamber of Commerce and Industry (MKIK) is proposing that the government mandate it, instead of the company court,...

Automotive

Otto Fuchs to double production with HUF 12.8 bln investment

German automotive supplier Otto Fuchs will double production capacity at its plant in Tatabánya with a HUF 12.8 billion investment,...

Automotive

KSH: Hungary’s industrial production up 6.3% in February

The volume of industrial output in Hungary rose by 6.3% in February as compared to the same month a year...

Automotive

Rampini to open bus factory in Hungary

In the past few days, Stefano Rampini, Chief Executive of Rampini, – one of the largest bus producing factories in...

Automotive

TTIP could create up to 30,000 jobs in Hungary

The Transatlantic Trade and Investment Partnership (TTIP), a free trade agreement being negotiated between the United States and the European...

Automotive

KSH: Hungary’s industrial production up 6.3% in February

The volume of Hungary’s industrial output was up 6.3% in February as compared to the same month a year earlier,...

Automotive

Ford sales up 6.7% in Q1 in Hungary

The Hungarian subsidiary of U.S.-based car company Ford sold a total of 3,144 personal vehicles in the first quarter, up...

Automotive

GKI confirms GDP growth forecast at 2.3%, lowers inflation forecast to 0.8% in 2016

Economic research institute GKI has confirmed its earlier GDP growth forecast of 2.3% in 2016, lowering its inflation projection to...

Automotive

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?...

Automotive

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...

Automotive

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...

Automotive

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,...

Automotive

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,...

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

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...

Automotive

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...

Automotive

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...

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

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...

Automotive

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...

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...