Automotive

Automotive

Lada sales launched in Hungary today

Nine retailers will launch the sale of Lada cars in Hungary, following a five-year hiatus, István Ormos, importer and CEO...

Automotive

KSH: Hungary’s industrial output up 10.1% in October

Industrial output in Hungary saw a year-on-year rise of 10.1% in October, with the index adjusted for working days increasing...

Automotive

MNKH opens office in Slovenia

The Hungarian National Trading House (MNKH), established by the Hungarian government to seek out new opportunities for domestic companies abroad,...

Automotive

Otokoç car rental launches services in Hungary

The new Budget Hungary facility, and Otokoç Otomotivʼs first investment in Europe, was opened on Monday, according to a press...

Automotive

KSH: Hungary’s industrial output up 10.1% in October

Hungary’s industrial production saw a year-on-year rise of 10.1%, with the index being adjusted for working days growing 12.7%, Hungary’s...

Automotive

New car registrations up 12% in November

New car registrations rose 11.6% in Hungary, from a year earlier, to 6,590 in November, the Hungarian Vehicle Importers Association...

Automotive

Hungarian highway vignette fines reached HUF 2.5 bln last year

Approximately 276,000 motorists paid about HUF 2.5 bln in fines last year for failing to purchase highway tickets that would...

Automotive

Budapest hosts 9th Hungarian-Flemish Joint Committee meeting

Budapest hosted the ninth meeting of the Hungarian-Flemish Joint Committee yesterday, Hungary’s Ministry of Foreign Affairs and Trade said yesterday...

Automotive

MOL inaugurates HUF 35 bln butadiene plant, lays cornerstone of synthetic rubber plant

Hungarian oil and gas company MOL inaugurated a HUF 35 bln butadiene plant in Tiszaújváros, eastern Hungary, today, state news...

Automotive

Ford sales in Hungary up 15.8% in M1-M10

Sales of Ford vehicles in Hungary saw a year on year rise of 15% in the first ten months of...

Automotive

KSH: Industrial production up 7.8% in September

Hungary’s industrial output saw a year-on-year rise of 7.8% in September, with the adjusted index for working days being equal...

Automotive

Vacant office space continues to decline in Central Europe

As a result of companies leasing more new spaces in the first half of this year than new developments being...

Automotive

MNB: Insurers must validate contracts with former Astra policy holders

Insurers must recognize the mandatory vehicle liability insurance contracts as valid from October 1 for former policy holders of Romanian...

Automotive

Audi Hungaria to produce greener engines with HUF 32 bln investment

The Hungarian unit of German car manufacturer Audi is planning to undertake a HUF 32 bln development at its plant...

Automotive

More than 35,000 cars in Hungary involved in VW scandal

Volkswagen has published its action plan for the recalling of cars in the VW’s scandal which involved the rigging 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...