Automotive

Automotive

Report: New car registrations climb 19% in November

New car registrations in Hungary rose by a year-on-year 19.2%, reaching 5,901 in November, the Hungarian Vehicle Importers' Association (MGE)...

Automotive

Budapest Airport, Mercedes agree on vehicle fleet renewal

Liszt Ferenc international airport operator Budapest Airport signed an agreement on a gradual renewal of the airport's vehicle fleet with...

Automotive

Hungary producer prices rise in October

Producer prices in Hungary rose in October, snapping a 7-month string of declining prices, figures from the Central Statistical Office...

Automotive

Brussels drops road toll infringement procedure against Hungary

The European Commission announced today that it had ended an infringement procedure against Hungary for failing to call a tender...

Automotive

MABISZ: Mandatory vehicle insurance premiums little changed

The average annual premium for mandatory vehicle insurance policies in Hungary was HUF 20,094 in Q1-Q3, practically level with a...

Automotive

Report: Russians in line for generous M3 bid

The Centre for Budapest Transport (BKK) called for a HUF 65 bln tender for the refurbishment of carriages used on...

Automotive

Masterplast to invest €400,000 in expansion

Masterplast, one of the leading manufacturing and trading companies of thermal insulation materials in the Central- East-European region, announced today...

Automotive

Automotive industry back on track after slow August

The increase of output in Hungary's vehicle manufacturing sector — the engine of growth for the country's industrial output —...

Automotive

MÁV-Start to purchase another 21 electric multiple units

MÁV-Start, the passenger unit of Hungarian State Railways (MÁV) could purchase another 21 electric multiple units, co-funded with European Union...

Automotive

Production bounces back, rises 7.6% in September

Coming off a disappointing dip in August, industrial production bounced back in September with a healthy 7.6% year-on-year increase, the...

Automotive

Audi launches production of next-generation TT Roadster

In line with the previous rumors, German carmaker Audi launched production of the third-generation TT Roadster model at its plant...

Automotive

MGE: New car registrations up 20% in October

The number of new car registrations in Hungary was up by 19.5% year-on-year in October, reaching 6,120, the Hungarian Vehicle...

Automotive

Blue chip treasury shares little changed in October

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

Automotive

Audi Hungária to produce TT Roadster

German car producer Audi is launching production of its third-generation TT Roadster models at its plant in Hungary, located in...

Automotive

Shutdowns slow vehicle manufacturing output in August

Output growth of Hungary's vehicle manufacturing companies – which is inevitably the main driver of growth in Hungary's industrial sector...

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...