Automotive

Automotive

Audi Hungaria management, unions agree on 9% pay rise

The management of Audi Hungaria reached an agreement with unions on Friday on a 9% pay rise, effective July 1,...

Automotive

Incentives Boost E-car Adoption but Raise tax Uncertainties

Incentives and benefits created to bolster the broader adoption of electric vehicles are helping lift sales. But as rules and...

Automotive

Mercedes-Benz to invest HUF 400 bln at plant in Hungary

German carmaker Mercedes-Benz will spend HUF 400 billion to add new production lines at its base in Kecskemét, Minister of...

Automotive

Domestic used car market sets new H1 record

Nearly 432,000 cars changed hands in the domestic used car market in the first half of the year, according to...

Automotive

AutoWallis registers record sales in all areas

The AutoWallis Group is breaking records in all of its business segments, with 60% of last year's total annual vehicle...

Automotive

Hungary issues 53,000 green license plates

Hungary has issued more than 53,000 green license plates for fully electric and hybrid vehicles, the Ministry of Technology and...

Automotive

Magyar Suzuki Hopes to Increase Auto Production Significantly

Magyar Suzuki finished last year behind its financial plan but managed to increase overall and domestic sales. This year, it...

Automotive

Volvo Cars to establish EV plant in Slovakia

Volvo has decided to invest around EUR 1.2 billion to establish a third electric vehicle (EV) manufacturing plant in Europe...

Automotive

Sixt opens new technical base next to the airport

Sixt, a member of the AutoWallis Group, has opened its new technical base in Vecsés, near Budapest Ferenc Liszt International...

Automotive

Audi to build HUF 120 bln electric drive plant in Hungary

German carmaker Audi will add a HUF 120 billion electric drive plant at its base in Győr, Minister of Foreign...

Automotive

Share Now fleet expanding to 500 cars from July

From July, car-sharing company Share Now will operate with 500 cars in Budapest, making it the largest car-sharing fleet in...

Automotive

Czech car production up by 12% in May

Car production in the Czech Republic increased by 12.8% year-on-year in May to 120,186 vehicles, according to data released by...

Automotive

Annual compulsory vehicle insurance premiums down 0.4%

Hungarian motorists' annual compulsory vehicle insurance premiums inched down 0.4% year-on-year in the first quarter on a steep drop in...

Automotive

Gloster wins EUR 700,000 Audi contract

Listed Hungarian IT company Gloster on Tuesday said it won a EUR 700,000 software development contract from German car maker...

Automotive

Rába Posts HUF 570 mln Loss in Q1, Pays no Dividend on 2021 Earnings

Hungary’s majority state-owned listed manufacturer Rába Automotive Group (Rába Járműipari Holding Nyrt.) posted a loss of HUF 570 million after...

Automotive

Audi Hungaria management, unions agree on 9% pay rise

The management of Audi Hungaria reached an agreement with unions on Friday on a 9% pay rise, effective July 1,...

Automotive

Incentives Boost E-car Adoption but Raise tax Uncertainties

Incentives and benefits created to bolster the broader adoption of electric vehicles are helping lift sales. But as rules and...

Automotive

Mercedes-Benz to invest HUF 400 bln at plant in Hungary

German carmaker Mercedes-Benz will spend HUF 400 billion to add new production lines at its base in Kecskemét, Minister of...

Automotive

Domestic used car market sets new H1 record

Nearly 432,000 cars changed hands in the domestic used car market in the first half of the year, according to...

Automotive

AutoWallis registers record sales in all areas

The AutoWallis Group is breaking records in all of its business segments, with 60% of last year's total annual vehicle...

Automotive

Hungary issues 53,000 green license plates

Hungary has issued more than 53,000 green license plates for fully electric and hybrid vehicles, the Ministry of Technology and...

Automotive

Magyar Suzuki Hopes to Increase Auto Production Significantly

Magyar Suzuki finished last year behind its financial plan but managed to increase overall and domestic sales. This year, it...

Automotive

Volvo Cars to establish EV plant in Slovakia

Volvo has decided to invest around EUR 1.2 billion to establish a third electric vehicle (EV) manufacturing plant in Europe...

Automotive

Sixt opens new technical base next to the airport

Sixt, a member of the AutoWallis Group, has opened its new technical base in Vecsés, near Budapest Ferenc Liszt International...

Automotive

Audi to build HUF 120 bln electric drive plant in Hungary

German carmaker Audi will add a HUF 120 billion electric drive plant at its base in Győr, Minister of Foreign...

Automotive

Share Now fleet expanding to 500 cars from July

From July, car-sharing company Share Now will operate with 500 cars in Budapest, making it the largest car-sharing fleet in...

Automotive

Czech car production up by 12% in May

Car production in the Czech Republic increased by 12.8% year-on-year in May to 120,186 vehicles, according to data released by...

Automotive

Annual compulsory vehicle insurance premiums down 0.4%

Hungarian motorists' annual compulsory vehicle insurance premiums inched down 0.4% year-on-year in the first quarter on a steep drop in...

Automotive

Gloster wins EUR 700,000 Audi contract

Listed Hungarian IT company Gloster on Tuesday said it won a EUR 700,000 software development contract from German car maker...

Automotive

Rába Posts HUF 570 mln Loss in Q1, Pays no Dividend on 2021 Earnings

Hungary’s majority state-owned listed manufacturer Rába Automotive Group (Rába Járműipari Holding Nyrt.) posted a loss of HUF 570 million after...

Audi Hungaria management, unions agree on 9% pay rise

The management of Audi Hungaria reached an agreement with unions on Friday on a 9% pay rise, effective July 1,...

Incentives Boost E-car Adoption but Raise tax Uncertainties

Incentives and benefits created to bolster the broader adoption of electric vehicles are helping lift sales. But as rules and...

Mercedes-Benz to invest HUF 400 bln at plant in Hungary

German carmaker Mercedes-Benz will spend HUF 400 billion to add new production lines at its base in Kecskemét, Minister of...

Domestic used car market sets new H1 record

Nearly 432,000 cars changed hands in the domestic used car market in the first half of the year, according to...

AutoWallis registers record sales in all areas

The AutoWallis Group is breaking records in all of its business segments, with 60% of last year's total annual vehicle...

Hungary issues 53,000 green license plates

Hungary has issued more than 53,000 green license plates for fully electric and hybrid vehicles, the Ministry of Technology and...

Magyar Suzuki Hopes to Increase Auto Production Significantly

Magyar Suzuki finished last year behind its financial plan but managed to increase overall and domestic sales. This year, it...

Volvo Cars to establish EV plant in Slovakia

Volvo has decided to invest around EUR 1.2 billion to establish a third electric vehicle (EV) manufacturing plant in Europe...

Sixt opens new technical base next to the airport

Sixt, a member of the AutoWallis Group, has opened its new technical base in Vecsés, near Budapest Ferenc Liszt International...

Audi to build HUF 120 bln electric drive plant in Hungary

German carmaker Audi will add a HUF 120 billion electric drive plant at its base in Győr, Minister of Foreign...

Share Now fleet expanding to 500 cars from July

From July, car-sharing company Share Now will operate with 500 cars in Budapest, making it the largest car-sharing fleet in...

Czech car production up by 12% in May

Car production in the Czech Republic increased by 12.8% year-on-year in May to 120,186 vehicles, according to data released by...

Annual compulsory vehicle insurance premiums down 0.4%

Hungarian motorists' annual compulsory vehicle insurance premiums inched down 0.4% year-on-year in the first quarter on a steep drop in...

Gloster wins EUR 700,000 Audi contract

Listed Hungarian IT company Gloster on Tuesday said it won a EUR 700,000 software development contract from German car maker...

Rába Posts HUF 570 mln Loss in Q1, Pays no Dividend on 2021 Earnings

Hungary’s majority state-owned listed manufacturer Rába Automotive Group (Rába Járműipari Holding Nyrt.) posted a loss of HUF 570 million after...