Automotive

Automotive

MOL, JANAF sign agreement on oil transport

Croatian oil pipeline operator JANAF has signed a contract to supply Hungary’s MOL with 1.5 million tons of crude this...

Automotive

Report: Used car imports to Hungary rise 36.8% in 2014

Imports of used cars to Hungary jumped by a year-on-year 36.8% to 96,747 in 2014, with light commercial vehicle imports...

Automotive

New car sales climb 11% in January

Registrations of new passenger car registrations in Hungary rose by a year-on-year 11%, reaching 4,898 in January, while light commercial...

Automotive

Report: Hungary’s economic acceleration indicator increases

The Hungarian business daily Világgazdaság-compiled measure of economic and financial indicators entitled Acceleration Indicator (GYIA) rose by a year-on-year 2.78%...

Automotive

Felina Hungaria revenue rises to HUF 2.5 bln

Swiss-owned lingerie maker Felina saw its revenue grow to HUF 2.5 bln last year in Hungary, Felina Hungária managing director...

Automotive

KSH: Industrial output grows 5.8%

Hungary's industrial output rose by a year-on-year 5.8% in November according to both workday-adjusted and unadjusted figures, the Central Statistics...

Automotive

Audi turns out 2 mln engines in 2014 in Hungary

The Hungarian unit of German car manufacturer Audi turned out approximately 2 mln engines last year at its factory in...

Automotive

KSH: Industrial output rises 5.8%

Output of industrial production rose by a year-on-year 5.8% in November according to both workday-adjusted and unadjusted figures, the Central...

Automotive

KSH: Industrial output growth slows

Output growth of Hungary's vehicle manufacturing companies, which is considered to be an engine of growth in Hungary's industrial sector,...

Automotive

Ganz Holding to double staff

Ganzeg, a unit of Hungarian engineering group Ganz Holding, announced that it would double headcount at its plant in Zalaegerszeg...

Automotive

MNB: Underlying inflation indicators fall

The Hungarian central bank today said that two of its three "underlying measures of inflation" fell in November: the indicator...

Automotive

Knaus Tabbert to start production in Hungary

Germany-based motor-home, campervan and caravan manufacturer Knaus Tabbert is planning move production to its Nagyoroszi plant (northern Hungary), as it...

Automotive

Analysts disappointed by sluggish output figures

Today's figures on output of Hungary's industrial sector disappointed analysts according to MTI. While output increased 1.7% year-on-year in October,...

Automotive

Blue chip treasury shares little changed in November

The treasury share stocks of the Budapest Stock Exchange's four blue chip issuers changed only slightly in November, with 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...