Automotive

Automotive

Hungary acceleration indicator falls further in October

The Acceleration Indicator (GYIA), a measure of economic and financial indicators compiled by business daily Világgazdaság, fell 1.21% in October...

Automotive

Hungary new car registrations edge up 0.6% in Sep

New car registrations in Hungary rose 0.6% to 3,521 in September from the same month a year earlier, data from...

Automotive

European automakers: lean years are coming

According to the European Automobile Manufacturers Association, new car passenger registration declined by 8.9% in August throughout Europe. Regarding the...

Automotive

Greener transportation is now a must

Today, when fuel prices are soaring without any no end in sight, and urban air pollutants sometimes make a walk...

Automotive

Hungary automotive industry continues to lift exports, imports

Hungary's automotive industry continues to lift the country's exports and imports, a second reading of data for July published by...

Automotive

Huawei to bring Chinese partner to Hungary

Chinese telecommunications equipment maker Huawei is expanding production further in Hungary and also helps one of its partner business to...

Automotive

Automotive sector keeps industrial output from declining in July

Hungary's industrial output stagnated in July compared to the same month a year earlier as an increase of output in...

Automotive

Ironing out the wrinkles

The metal industry is on its way to recovery after the crisis....

Automotive

Hungary industrial output edges up 0.6% in June

Output of Hungary's industrial sector rose 0.6% in June from the same month a year earlier, after inching up 0.1%...

Automotive

Aging car fleet

Nearly one-third of Hungary’s personal vehicle fleet was younger than five years old in 2008 – today, only a little...

Automotive

Daimler plant continues to boost Hungary automotive sector

Exports of Hungary's automotive sector continued to rise in May, supported by the start of production at German carmaker Daimler's...

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...