Automotive

Automotive

Vehicle makers boost industrial output in February

A strong performance by Hungary's vehicle manufacturers continued to lift industrial output in February, a second reading of data published...

Automotive

Burgeoning electric car market on uphill road

Though still a fledgling niche worldwide, the electric automobile market is expanding and its full potential has yet to be...

Automotive

Sign of the times? E-car charging station installed in Budapest

What is perhaps not such a headline-shattering story today may mean much more in the medium-term future. Case in point:...

Automotive

Audi Hungária revenue up 5.8%; threefold production increase slated

The Hungarian unit of Germany-based automobile manufacturer generated revenue of €5.588 billion in 2013, up 5.8% year-on-year from €5.282 billion,...

Automotive

Wooshin Medics to open €6 million pharma plant/R&D lab

South Korea-based Wooshin Medics will build a €6 million pharmaceuticals plant and research and development laboratory in Székesféhervár, CEO Tack-Soo...

Automotive

Auto news: Opel still market leader, Audi output up

Germany-based vehicle manufacturer Opel led Hungary’s new passenger car market last year for the third year in a row, selling...

Automotive

Automotive sector slows, industrial output down

The straightforward reportage of preliminary data from KSH begins as follows: “In November 2013 … industrial gross output rose by...

Automotive

Car, LCV, motorcycle sales climb 5%+ in 2013

Sales of passenger cars and light commercial vehicles in Hungary came to 67,557 last year, up 5.6% from 2012, Datahouse...

Automotive

DD Energy, Audi Hungária in long-term geothermal contract

DD Energy Termelő és Szolgáltató Kft (DD Energy), a wholly owned unit of Hungary-based alternative-energy company PannErgy on Friday signed...

Automotive

Industrial output up 6.0% y.o.y. in October

In October 2013 industrial gross output grew by 6.0% compared to the same month of 2012, according to newly-released figures...

Automotive

Industrial output accelerates in October, up 6%

Hungary’s industrial output growth accelerated in October, outdoing forecasts, preliminary data released by the Central Statistics Office (KSH) on Friday...

Automotive

Industrial production volume increases 5.5% in September

The Central Statistics Office (KSH) today informs that in September 2013, industrial gross output rose by 5.5% compared to the...

Automotive

Industrial production increases 5.5%; evidence of turnaround?

In September 2013, Hungary’s gross industrial output rose 5.5% compared to the same month of 2012, according to preliminary data...

Automotive

Automotive Hungary opens; two milestones for Audi

Almost 200 automotive industry suppliers are showing at the Automotive Hungary trade show, which opened at Hungexpo in Budapest on...

Automotive

New Maruti Suzuki for EU to be built in Hungary

Combine Prime Minister Viktor Orbán’s official visit to India last week with this week’s positive news for auto manufacturers Audi...

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...