Automotive

Automotive

Autonomous Driving – Factual and legal challenges

The following article was written by Eszter Sieber-Fazekas, LL. M., attorney (admitted in Hungary and in Germany) at Noerr &...

Automotive

Daimler Hungary base increases output by one-third

The Hungarian unit of German carmaker Daimler in Kecskemét, central Hungary, increased output by more than one-third to 150,000 cars...

Automotive

Szijjártó conducts talks with Indian political, business leaders

Hungaryʼs Minister of Foreign Affairs and Trade Peter Szijjártó met with Indian political and business leaders in Mumbai yesterday. Economic...

Automotive

DanubeTruck plans to sell 1,000 Iveco trucks a year

DanubeTruck Magyarország plans to sell 1,000 of the Iveco brand trucks a year in Hungary in the medium-term, managing director...

Automotive

KSH: Hungaryʼs industrial output climbs 11.6% in March

Hungaryʼs industrial output grew by a year-on-year 11.6% in March – and by a month-on-moth 2.6% – while the workday-adjusted...

Automotive

New car registrations up 22% in April

Registrations of new passenger cars in Hungary saw a year-on-year increase of 22% to 6,737 in April, the Hungarian Association...

Automotive

Suzuki Hungary welcomes new CEO

Naoyuki Takeuchi has been appointed CEO of Magyar Suzuki, the Hungarian unit of Japanese carmaker Suzuki Motor Corporation, replacing Ryochi...

Automotive

Hungary’s used car sales grow 8%

Sales of used cars in Hungary saw a year-on-year rise of 8% in the first quarter, sales director of Hungarian...

Automotive

Casco insurance sales stay steady at 21% in 2014

Despite both sales of new and used cars jumping by 10% and 20%, respectively, in Hungary last year, the number...

Automotive

KSH: Hungary’s industrial output climbs 5.8% in February

Hungaryʼs industrial output saw an increase of 5.8% year-on-year in February, however, it decreased by a month-on-month 0.3%, the Central...

Automotive

Le Belier to invest HUF 8 bln in Hungary

French automotive industry supplier Le Belier today announced it would invest HUF 8 bln in the city of Ajka, western...

Automotive

New car registrations increase 2% in March

New passenger car registrations rose by 2% to 6,305 in March from the same month a year earlier, automotive industry...

Automotive

Exports to China, US to boost output of Kecskemét Mercedes plant further

The Mercedes-Benz plant at Kecskemét, central Hungary, will raise its output further this year, mainly thanks to increasing exports to...

Automotive

Report: Hungary’s Acceleration Indicator grows 2.8% in March

The Acceleration Indicator (GYIA), which is a measure of economic and financial indicators compiled by Hungarian economic daily Világgazdaság, increased...

Automotive

Neuzer launches HUF 250 mln development center

Hungarian bicycle manufacturer Neuzer launched its HUF 250 mln development center at its base in Esztergom, in northern Hungary, the...

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...