Automotive

Automotive

KSH: Automotive sector boosts industrial output in January

Industrial output in Hungary rose by an unadjusted 5.3% in year-on-year terms in January, chiefly boosted by strong performance in...

Automotive

Germany’s Mahle to buy Delphi’s Hungarian compressor plant

German automotive parts manufacturer Mahle is expected to acquire the thermal division of U.K.-based car company Delphi Automotive, including Delphi...

Automotive

Audi to expand product palette in Hungary

German car manufacturer Audi will add new products at its manufacturing base in Györ in northwestern Hungary, Audi Hungária Motor...

Automotive

Zoltek, government sign agreement

Japanese firm Zoltek signed a strategic cooperation agreement with the Hungarian government today on plans to expand capacity and raise...

Automotive

KSH: Industrial output rises 7.7% in January

Output of the industrial sector in Hungary increased by a year-on-year 7.7% in January, accelerating from 4.7% in December, according...

Automotive

Raba to supply seat components for new Suzuki production line

Raba's component manufacturing unit will supply seat components for the new Suzuki Vitara under a contract valued at HUF 2...

Automotive

Car dealers foresee two-digit growth in sales

Importers to Hungary expect a 13% increase in sales of new cars and an 11% increase in sales of used...

Automotive

Report: New car registrations grow y.o.y. 18%

New passenger car registrations in Hungary saw a year-on-year rise of 18%, to 5,914, in February, with light commercial vehicle...

Automotive

273,000 drivers switch mandatory vehicle insurance providers

Out of 2.2 million Hungarian motorists eligible to switch their providers of mandatory vehicle insurance, approximately 273,000 decided to change...

Automotive

MOL to raise motor fuel prices

Hungarian oil and gas company MOL is scheduled raise its wholesale vehicle gas and diesel prices both by HUF 4...

Automotive

KSH: GDP growth accelerates to 3.4%

GDP in Hungary saw a year-on-year growth of 3.4% in Q4 last year, accelerating from 3.2% in the previous quarter,...

Automotive

KSH: Industry output growth slows in December

Output growth of Hungary's automotive industry, which is considered an engine of growth for the country’s entire industrial sector, slowed...

Automotive

Suzuki to launch serial production of Vitaras in March

Japanese carmaker Suzuki is scheduled to launch the serial production of the new Vitara model in March at its Hungarian...

Automotive

KSH: CPI reaches negative 1.4% in January

Hungary's Consumer Prices Index dropped by a year-on-year 1.4% in January following a y.o.y. 0.9% fall in the previous month,...

Automotive

KSH: Industrial output grows by 4.6% in December

Output of Hungary's industrial sector grew by a year-on-year 4.6% in December according to workday-adjusted figures, however, it slowed from...

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...