Automotive

Automotive

Bridgestone Tatabánya on Top With Resilience and Innovation 

Bridgestone Tatabánya concluded 2024 as a testament to resilience and strategic foresight in a difficult industry landscape with plenty of...

Automotive

More Than 5,000 Businesses Apply for EV Subsidies

More than 5,000 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, the Energy Ministry...

Automotive

Serial Production at BMW Plant Debrecen to Start in Autumn

Serial production at German car maker BMW's plant in Debrecen will start in the autumn, Minister of Foreign Affairs and...

Automotive

BYD Szeged to Employ 10,000 Workers, 20% Engineers

BYD's new electric vehicle plant in Szeged plans to hire 10,000 employees, with 20% of positions designated for engineers, Mayor...

Automotive

Toyota Sales in Hungary Climb Close to 5% in 2024

The Japanese Toyota brand's dealerships sold a total of 18,123 new vehicles in Hungary in 2024, up 4.8%, Toyota Central...

Automotive

Ford CEE Sales Organization Coordinating EDM Adds Danish, Finnish Markets to Portfolio

Ford Central & Eastern European Sales LLC has announced the addition of Denmark and Finland to its European Direct Markets...

Automotive

New Car Registrations in Hungary Climb 49% in December

The number of new passenger car registrations in Hungary rose 48.7% year-on-year to 11,879 in December, data compiled by the...

Automotive

Can Hungary Become a Haven for Future-proof Automotive?

Asian suppliers are leading the charge in automotive’s digitalization, and this has ripple effects at the expense of European competitors....

Automotive

Mercedes-Benz Solidifies Position in Hungary’s Premium Car Segment

Mercedes-Benz solidified its position in Hungary’s premium automotive segment in 2024, registering 5,069 new vehicles, despite a challenging economic environment,...

Automotive

BMW Sells Nearly 6,300 New Cars in Hungary in 2024

BMW Group Magyarország sold 6,274 new cars in Hungary last year, giving it a 5.2% market share, managing director Zoltán...

Automotive

Most Hungarian Car Buyers Prefer Used Vehicles Over 6 Years Old

Two-thirds of those planning to buy a car in Hungary would rather purchase a used auto, with the average being...

Automotive

Fuel Prices Competitive Compared to Neighboring Countries – Ministry

Prices at the pump in Hungary were competitive compared to those in neighboring countries in the month of December, data...

Automotive

New Car Registrations in Hungary Climb Close to 13% in 2024

The number of new passenger car registrations in Hungary rose 12.9% to 121,607 in 2024, the Hungarian Association of Vehicle...

Automotive

Suzuki Clinches Top Spot in Hungary’s Passenger Car Market in 2024

Suzuki came out on top in Hungary’s new passenger car segment in 2024, achieving a 12.94% market share with 15,732...

Automotive

Around 4,600 Companies Apply for EV Subsidies in Hungary

Approximately 4,600 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, Hungary's Energy Ministry said...

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...