Automotive

Automotive

Thyssenkrupp Tops out HUF 15 bln Expansion in Hungary

Germany's Thyssenkrupp topped out a HUF 15 billion expansion at its power steering systems plant in Jászfényszaru (52 km east...

Automotive

Automotive Industry Output up 16.6% y.o.y. in July

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 16.6% year-on-year in July, according to a detailed...

Automotive

Introducing the Brand New Nissan X-Trail

The next installment of Nissan's electrified product offensive is spearheaded by the regional premiere of the all-new, fourth-generation X-Trail....

Automotive

Duna Motors to Begin Selling MG Vehicles in 22 Dealerships

Duna Motors Disztribúció Kft, the Hungarian importer of the iconic British car brand Morris Garages, announced that it will officially...

Automotive

Halms Building EUR 40 mln EV Parts Plant in Debrecen

Chinese-owned Halms Hungary will build a more than EUR 40 million electric vehicle parts plant in Debrecen (225 km east...

Automotive

GVH Clears AutoWallis, Partner’s Acquisition of Renault Hungária

The Hungarian Competition Authority (GVH) has consented to AutoWallis Caetano Holding Zrt., founded by the AutoWallis Group and its Portuguese...

Automotive

Used Car Imports Fall Under 10,000 in Aug

The number of used cars imported to Hungary dropped 11% year-on-year to 9,701 in August, listings site JoAutok.hu said on...

Automotive

AutoWallis Closes H1 With Strong Growth

In the first half, the growth of AutoWallis’s profits exceeded even its 34% increase in revenue, leading the listed vehicle...

Automotive

Average Age of Cars in Hungary Surpasses 15 Years

The average age of cars in Hungary climbed to 15.1 years by the end of H1 2022 from 14.8 years...

Automotive

Kia Leads Hungary EV market

South Korea's Kia led Hungary's electric vehicle market in the first half of the year, selling 321 cars to give...

Automotive

Rába Books H1 Loss as Margins Narrow, Financial Loss Weighs

Hungarian automotive industry company Rába booked a first-half loss of HUF 252 million as inflation squeezed margins and financial losses...

Automotive

HUF 800 mln Awarded in EV Subsidies

Some HUF 800 million in subsidies for the purchase of bicycles with auxiliary electric motors has been awarded to 57,774...

Automotive

Hungarians Among Least Trustful of Used Car Dealers

Buyers trust used car sellers the least in Bulgaria, followed by Hungary, Lithuania and Estonia, according to a survey with...

Automotive

Used Car Market: Almost Half a Million Sales in Jan-Jul

According to preliminary data from DataHouse, 498,800 cars had changed hands in the domestic used car market by the end...

Automotive

Nio to build HUF 5.5 bln battery swap station plant in Hungary

Chinese automotive industry company Nio on Friday announced plans to build a HUF 5.5 billion battery swap station plant in...

Automotive

Thyssenkrupp Tops out HUF 15 bln Expansion in Hungary

Germany's Thyssenkrupp topped out a HUF 15 billion expansion at its power steering systems plant in Jászfényszaru (52 km east...

Automotive

Automotive Industry Output up 16.6% y.o.y. in July

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 16.6% year-on-year in July, according to a detailed...

Automotive

Introducing the Brand New Nissan X-Trail

The next installment of Nissan's electrified product offensive is spearheaded by the regional premiere of the all-new, fourth-generation X-Trail....

Automotive

Duna Motors to Begin Selling MG Vehicles in 22 Dealerships

Duna Motors Disztribúció Kft, the Hungarian importer of the iconic British car brand Morris Garages, announced that it will officially...

Automotive

Halms Building EUR 40 mln EV Parts Plant in Debrecen

Chinese-owned Halms Hungary will build a more than EUR 40 million electric vehicle parts plant in Debrecen (225 km east...

Automotive

GVH Clears AutoWallis, Partner’s Acquisition of Renault Hungária

The Hungarian Competition Authority (GVH) has consented to AutoWallis Caetano Holding Zrt., founded by the AutoWallis Group and its Portuguese...

Automotive

Used Car Imports Fall Under 10,000 in Aug

The number of used cars imported to Hungary dropped 11% year-on-year to 9,701 in August, listings site JoAutok.hu said on...

Automotive

AutoWallis Closes H1 With Strong Growth

In the first half, the growth of AutoWallis’s profits exceeded even its 34% increase in revenue, leading the listed vehicle...

Automotive

Average Age of Cars in Hungary Surpasses 15 Years

The average age of cars in Hungary climbed to 15.1 years by the end of H1 2022 from 14.8 years...

Automotive

Kia Leads Hungary EV market

South Korea's Kia led Hungary's electric vehicle market in the first half of the year, selling 321 cars to give...

Automotive

Rába Books H1 Loss as Margins Narrow, Financial Loss Weighs

Hungarian automotive industry company Rába booked a first-half loss of HUF 252 million as inflation squeezed margins and financial losses...

Automotive

HUF 800 mln Awarded in EV Subsidies

Some HUF 800 million in subsidies for the purchase of bicycles with auxiliary electric motors has been awarded to 57,774...

Automotive

Hungarians Among Least Trustful of Used Car Dealers

Buyers trust used car sellers the least in Bulgaria, followed by Hungary, Lithuania and Estonia, according to a survey with...

Automotive

Used Car Market: Almost Half a Million Sales in Jan-Jul

According to preliminary data from DataHouse, 498,800 cars had changed hands in the domestic used car market by the end...

Automotive

Nio to build HUF 5.5 bln battery swap station plant in Hungary

Chinese automotive industry company Nio on Friday announced plans to build a HUF 5.5 billion battery swap station plant in...

Thyssenkrupp Tops out HUF 15 bln Expansion in Hungary

Germany's Thyssenkrupp topped out a HUF 15 billion expansion at its power steering systems plant in Jászfényszaru (52 km east...

Automotive Industry Output up 16.6% y.o.y. in July

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 16.6% year-on-year in July, according to a detailed...

Introducing the Brand New Nissan X-Trail

The next installment of Nissan's electrified product offensive is spearheaded by the regional premiere of the all-new, fourth-generation X-Trail....

Duna Motors to Begin Selling MG Vehicles in 22 Dealerships

Duna Motors Disztribúció Kft, the Hungarian importer of the iconic British car brand Morris Garages, announced that it will officially...

Halms Building EUR 40 mln EV Parts Plant in Debrecen

Chinese-owned Halms Hungary will build a more than EUR 40 million electric vehicle parts plant in Debrecen (225 km east...

GVH Clears AutoWallis, Partner’s Acquisition of Renault Hungária

The Hungarian Competition Authority (GVH) has consented to AutoWallis Caetano Holding Zrt., founded by the AutoWallis Group and its Portuguese...

Used Car Imports Fall Under 10,000 in Aug

The number of used cars imported to Hungary dropped 11% year-on-year to 9,701 in August, listings site JoAutok.hu said on...

AutoWallis Closes H1 With Strong Growth

In the first half, the growth of AutoWallis’s profits exceeded even its 34% increase in revenue, leading the listed vehicle...

Average Age of Cars in Hungary Surpasses 15 Years

The average age of cars in Hungary climbed to 15.1 years by the end of H1 2022 from 14.8 years...

Kia Leads Hungary EV market

South Korea's Kia led Hungary's electric vehicle market in the first half of the year, selling 321 cars to give...

Rába Books H1 Loss as Margins Narrow, Financial Loss Weighs

Hungarian automotive industry company Rába booked a first-half loss of HUF 252 million as inflation squeezed margins and financial losses...

HUF 800 mln Awarded in EV Subsidies

Some HUF 800 million in subsidies for the purchase of bicycles with auxiliary electric motors has been awarded to 57,774...

Hungarians Among Least Trustful of Used Car Dealers

Buyers trust used car sellers the least in Bulgaria, followed by Hungary, Lithuania and Estonia, according to a survey with...

Used Car Market: Almost Half a Million Sales in Jan-Jul

According to preliminary data from DataHouse, 498,800 cars had changed hands in the domestic used car market by the end...

Nio to build HUF 5.5 bln battery swap station plant in Hungary

Chinese automotive industry company Nio on Friday announced plans to build a HUF 5.5 billion battery swap station plant in...