Automotive

Automotive

Exports drop in August as car production slows

Hungary's exports decreased 4.1% in August as compared with a year ago, the Central Statistics Office reported today. The first...

Automotive

KSH: Industrial production down by 5.7% in August

The volume of industrial production in August – according to seasonally and working-day adjusted indices – was below the level...

Automotive

German-Hungarian chamber signs agreement

The German-Hungarian Chamber of Industry and Commerce (DUIHK) said it signed a cooperation agreement with the Hungarian Investment Promotion Agency...

Automotive

Blue chip treasury shares changed minimally in September

The treasury share stocks of the Budapest Stock Exchange's four blue chip issuers changed relatively little in September, with the...

Automotive

Waberer’s inks HUF 25 bln contract with DAF

Hungary’s Waberer's International signed an agreement to buy 1,000 new DAF tractors for almost HUF 25 bln at the IAA...

Automotive

Wizz Air enters financing agreement for seven A320 aircraft

Hungarian low-cost airline Wizz Air today said it entered into a sale and leaseback agreement with Goshawk Aviation Limited for...

Automotive

Avalon opens 4 carsharing points in Budapest

Hungary’s market leading carsharing company Avalon is opening four new carsharing points in the country’s capital, the company announced today....

Automotive

Audi produces 100,000th car in Győr

Production volume at German carmaker Audi's new plant at its base in Győr has passed the 100,000 mark, Hungarian news...

Automotive

Liszt Ferenc passenger numbers climb 9.2%

Passenger numbers at Liszt Ferenc International Airport Budapest reached 943,582 in August, up 9.2% from the same month a year...

Automotive

KSH: Hungarian industrial output climbs 12.3%

Output of Hungary's industrial sector rose 12.3% in July year-on-year, according to both raw and workday-adjusted data, the Central Statistics...

Automotive

KSH: Hungarian industrial output climbs 12.3%

Output of Hungary's industrial sector rose 12.3% in July year-on-year, according to both raw and workday-adjusted data, the Central Statistics...

Automotive

New car registrations climb 14% in August

The number of new passenger car registrations in Hungary reached 4,766 in August, up 14.4% year-on-year, the Hungarian Association of...

Automotive

Diehl Aircabin unit to build new production hall

Diehl Aircabin Hungary, the Hungarian unit of German aircraft-parts manufacturer Diehl Aircabin, will build a new 5,400-square-meter production hall at...

Automotive

KSH: Vehicle manufacturing output up almost 24%

Vehicle manufacturers continued to lift industrial output in June, a second reading of data published today by the Central Statistics...

Automotive

Waberer’s hiring 400 more lorry drivers

Hungarian road haulage company Waberer's International on Monday said it is hiring another 400 lorry drivers....

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...