Automotive

Automotive

Brussels launches infringement procedures against Hungary

The European Commission has launched infringement procedures against Hungary concerning 2012 changes to regulations on the national competition authority (GVH),...

Automotive

KSH: Industrial export sales up, gross output down in ‘13

According to the Central Statistics Office (KSH), industrial gross output declined by 1.4% year-on-year in August 2013. Transport equipment manufacture...

Automotive

Hungary-Belarus relations in “more active phase”

At today’s Belarus-Hungary business forum held in Budapest, Hungarian Foreign Trade Secretary Péter Szijjártó said economic cooperation between the two...

Automotive

Prizes for Successful Business awarded

National Economy Minister Mihály Varga presented the Prize for Successful Business, a monthly acknowledgement, to three Hungarian companies today....

Automotive

Tax office to target car mechanics

Hungary's tax office is making audits of car mechanics a priority, daily Magyar Nemzet said on Wednesday. Gabriella Németh, an...

Automotive

Audi introduces Győr-made A3 Cabriolet in Frankfurt

Audi introduces its new A3 Cabriolet, a vehicle to be manufactured in Győr, to media at the Frankfurt Motor Show...

Automotive

Further increase in production volume for July

The Central Statistics Office (KSH) has released statistics on Hungarian industrial output for July, with figures showing a 4.8% increase...

Automotive

KSH: retail sales down 0.4% in June

The Central Statistics Office (KSH) reported that, after a second analysis of data, retail sales were down 0.4% year-on-year from...

Automotive

June output down slightly; automotive exports buoying industry

Output of Hungary’s industrial sector edged down 0.6% year-on-year in June, according to the Central Statistics Office (KSH); according to...

Automotive

It’s official: New Procter & Gamble plant for Gyöngyös

The second of two large-scale US-based investments in Hungary promised early last week by the Foreign Affairs Ministry has come...

Automotive

EBRD loans €54.5 million for BKK’s paper-free ticketing

The European Bank of Reconstruction and Development (EBRD) board of directors has approved a €54.5 million loan for Budapest Public...

Automotive

Cars put economy on a roll

The automotive industry is finally living up to state expectations and giving a tangible boost to the economy. The government...

Automotive

Suzuki opens new dealership

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...