Automotive

Automotive

Hungary Protests Punitive Tariffs on Chinese EVs

National Economy Minister Márton Nagy said Hungary was opposed to "brutal" punitive tariffs on Chinese EVs announced by the European...

Automotive

Rába Properties Sell for HUF 780 mln at Auction

Real estate of Rába has been sold at auction for HUF 780 million, the listed automotive industry company announced after...

Automotive

Hungary Impacted by European Car Market Swings

The contradictory processes experienced in the European car market (this year's decline followed last year's strong upswing) also impacted Hungary,...

Automotive

Average HUF 56,400 Compulsory Vehicle Insurance Premium in Q1

Hungarian auto owners paid almost HUF 56,400, on average, for their annual compulsory vehicle insurance premiums in the first quarter,...

Automotive

Falling Revenue, Narrower Margins Put Rába in Red

Hungarian automotive industry company Rába booked a first-quarter loss of HUF 191 million as revenue declined and margins deteriorated, state...

Automotive

AutoWallis Unveils its Strategic Vision for Expansion up to 2028

AutoWallis is setting ambitious financial targets for 2028, aiming to double its revenue to HUF 750 billion and EBITDA to...

Automotive

New Car registrations in Hungary Climb 21.4% in April

The number of new passenger car registrations in Hungary rose 21.4% year-on-year to 10,402 in April, data compiled by the...

Automotive

Q1 Growth of AutoWallis’ New and Used Vehicle Sales Above Market Avg

Revenue growth at the AutoWallis Group’s Retail & Services Business Unit exceeded market averages to reach 9% in the first...

Automotive

Production at Szeged BYD Plant Could Start in 2025

Production at the EV plant China's BYD is building in Szeged (175 km southeast of Budapest by road) could start...

Automotive

Number of Vehicles With Green Plates Climbs Over 96,000

There were over 96,000 vehicles registered in Hungary with green number plates at the end of April, the Energy Affairs...

Automotive

New Car Registrations Climb 10% in Jan-Apr

The number of new passenger car registrations in Hungary rose 10.4% to 42,075 in January-April from the same period a...

Automotive

AutoWallis Devoting 2023 Profits to Financing Intense Expansion

The AutoWallis Group held its annual general meeting, where shareholders elected new members of the Board of Directors and then...

Automotive

Hungarian Gen Z Auto-buyers Prioritize Affordability

Although they are aware of climate change, Generation Z members in Hungary are less inclined to buy EVs or purchase...

Automotive

New Auto Registrations Rise 12.2% y.o.y. in March

The number of new passenger car registrations in Hungary rose 12.2% year-on-year to 12,895 in March, according to data compiled...

Automotive

AutoWallis Group Registers Strong Vehicle Sales in Q1

AutoWallis Group, is experiencing substantial growth with a 16% increase in new vehicle sales in Q1 2024, exceeding the 7%...

Automotive

Hungary Protests Punitive Tariffs on Chinese EVs

National Economy Minister Márton Nagy said Hungary was opposed to "brutal" punitive tariffs on Chinese EVs announced by the European...

Automotive

Rába Properties Sell for HUF 780 mln at Auction

Real estate of Rába has been sold at auction for HUF 780 million, the listed automotive industry company announced after...

Automotive

Hungary Impacted by European Car Market Swings

The contradictory processes experienced in the European car market (this year's decline followed last year's strong upswing) also impacted Hungary,...

Automotive

Average HUF 56,400 Compulsory Vehicle Insurance Premium in Q1

Hungarian auto owners paid almost HUF 56,400, on average, for their annual compulsory vehicle insurance premiums in the first quarter,...

Automotive

Falling Revenue, Narrower Margins Put Rába in Red

Hungarian automotive industry company Rába booked a first-quarter loss of HUF 191 million as revenue declined and margins deteriorated, state...

Automotive

AutoWallis Unveils its Strategic Vision for Expansion up to 2028

AutoWallis is setting ambitious financial targets for 2028, aiming to double its revenue to HUF 750 billion and EBITDA to...

Automotive

New Car registrations in Hungary Climb 21.4% in April

The number of new passenger car registrations in Hungary rose 21.4% year-on-year to 10,402 in April, data compiled by the...

Automotive

Q1 Growth of AutoWallis’ New and Used Vehicle Sales Above Market Avg

Revenue growth at the AutoWallis Group’s Retail & Services Business Unit exceeded market averages to reach 9% in the first...

Automotive

Production at Szeged BYD Plant Could Start in 2025

Production at the EV plant China's BYD is building in Szeged (175 km southeast of Budapest by road) could start...

Automotive

Number of Vehicles With Green Plates Climbs Over 96,000

There were over 96,000 vehicles registered in Hungary with green number plates at the end of April, the Energy Affairs...

Automotive

New Car Registrations Climb 10% in Jan-Apr

The number of new passenger car registrations in Hungary rose 10.4% to 42,075 in January-April from the same period a...

Automotive

AutoWallis Devoting 2023 Profits to Financing Intense Expansion

The AutoWallis Group held its annual general meeting, where shareholders elected new members of the Board of Directors and then...

Automotive

Hungarian Gen Z Auto-buyers Prioritize Affordability

Although they are aware of climate change, Generation Z members in Hungary are less inclined to buy EVs or purchase...

Automotive

New Auto Registrations Rise 12.2% y.o.y. in March

The number of new passenger car registrations in Hungary rose 12.2% year-on-year to 12,895 in March, according to data compiled...

Automotive

AutoWallis Group Registers Strong Vehicle Sales in Q1

AutoWallis Group, is experiencing substantial growth with a 16% increase in new vehicle sales in Q1 2024, exceeding the 7%...

Hungary Protests Punitive Tariffs on Chinese EVs

National Economy Minister Márton Nagy said Hungary was opposed to "brutal" punitive tariffs on Chinese EVs announced by the European...

Rába Properties Sell for HUF 780 mln at Auction

Real estate of Rába has been sold at auction for HUF 780 million, the listed automotive industry company announced after...

Hungary Impacted by European Car Market Swings

The contradictory processes experienced in the European car market (this year's decline followed last year's strong upswing) also impacted Hungary,...

Average HUF 56,400 Compulsory Vehicle Insurance Premium in Q1

Hungarian auto owners paid almost HUF 56,400, on average, for their annual compulsory vehicle insurance premiums in the first quarter,...

Falling Revenue, Narrower Margins Put Rába in Red

Hungarian automotive industry company Rába booked a first-quarter loss of HUF 191 million as revenue declined and margins deteriorated, state...

AutoWallis Unveils its Strategic Vision for Expansion up to 2028

AutoWallis is setting ambitious financial targets for 2028, aiming to double its revenue to HUF 750 billion and EBITDA to...

New Car registrations in Hungary Climb 21.4% in April

The number of new passenger car registrations in Hungary rose 21.4% year-on-year to 10,402 in April, data compiled by the...

Q1 Growth of AutoWallis’ New and Used Vehicle Sales Above Market Avg

Revenue growth at the AutoWallis Group’s Retail & Services Business Unit exceeded market averages to reach 9% in the first...

Production at Szeged BYD Plant Could Start in 2025

Production at the EV plant China's BYD is building in Szeged (175 km southeast of Budapest by road) could start...

Number of Vehicles With Green Plates Climbs Over 96,000

There were over 96,000 vehicles registered in Hungary with green number plates at the end of April, the Energy Affairs...

New Car Registrations Climb 10% in Jan-Apr

The number of new passenger car registrations in Hungary rose 10.4% to 42,075 in January-April from the same period a...

AutoWallis Devoting 2023 Profits to Financing Intense Expansion

The AutoWallis Group held its annual general meeting, where shareholders elected new members of the Board of Directors and then...

Hungarian Gen Z Auto-buyers Prioritize Affordability

Although they are aware of climate change, Generation Z members in Hungary are less inclined to buy EVs or purchase...

New Auto Registrations Rise 12.2% y.o.y. in March

The number of new passenger car registrations in Hungary rose 12.2% year-on-year to 12,895 in March, according to data compiled...

AutoWallis Group Registers Strong Vehicle Sales in Q1

AutoWallis Group, is experiencing substantial growth with a 16% increase in new vehicle sales in Q1 2024, exceeding the 7%...