Automotive

Automotive

BorgWarner opens engine plant in northwestern Hungary

U.S.-owned automotive industry supplier BorgWarner yesterday inaugurated its engine plant, made possible through an investment of HUF 7 bln, in...

Automotive

Hungary lifts weekend lorry ban due to heat wave

Hungary will lift a ban on lorries this weekend because of a heat wave that could pose a risk to...

Automotive

Siemens, BME wind up HUF 281 mln R&D project

The local unit of German engineering giant Siemens and the Budapest University of Technology and Economics wound up a joint...

Automotive

Government signs cooperation agreement with Johnson Electric Hungary

Hungaryʼs government signed a strategic cooperation agreement with automotive industry supplier Johnson Electric Hungary yesterday. Johnson Electricʼs general manager for...

Automotive

Lada cars return to Hungary

As part of AvtoVAZ and Lada Hungary’s joint European pilot program, Lada models will again be available for purchase in...

Automotive

MOL relays production update on Kurdistan block

Hungarian oil and gas company MOL yesterday relayed a production update from the operator of the Shaikan block in the...

Automotive

KSH: Hungary’s industrial output slows to 1.5% in May

Industrial output in Hungary saw a year-on-year rise of 1.5% in May, slowing from the previous month’s 6.3% increase, the...

Automotive

Report: Jaguar Land Rover chooses Austria over Hungary

Contrary to previous expectations, Jaguar Land Rover automobile manufacturer has chosen Magna Steyrʼs offer to produce cars in Graz, Austria,...

Automotive

Hungary lifts weekend lorry ban due to heat wave

Hungary will lift a ban on lorries this weekend because of a heat wave that could pose a risk to...

Automotive

Report: Car dealership industry on a slow rise

The car manufacturing industry is becoming stronger in Hungary, while car dealer businesses are becoming less successful, business, marketing and credit...

Automotive

Report: New car sales in Hungary climb almost 18% in June

The number of new passenger car registrations in Hungary saw a year-on-year growth of 17.5% to 7,348 in June, the...

Automotive

KSH confirms industrial output figures with second estimate

With a second estimate of industrial production in April 2015, KSH confirmed its first estimate of a 6.3% increase as...

Automotive

One quarter of businesses failed to pay mandatory fee on time

Approximately 150,000 companies, of the 600,000 registered in Hungary, did not pay this yearʼs annual business chamber fee of HUF...

Automotive

KSH: Hungaryʼs industrial output climbs 6.3% in April

Hungaryʼs industrial output saw a year-on-year increase of 6.3% in April, decelerated from 11.6% in the previous month, the Central...

Automotive

New car registrations up 2% in May

Registrations of new passenger cars saw a year-on-year rise of 2%, reaching 5,883, in May as compared to the same...

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...