Automotive

Automotive

AutoWallis to use record profits to continue growth strategy

AutoWallis’ general meeting has decided to allow treasury share purchases, authorized capital increases, and passed resolutions on how to utilize...

Automotive

NAV busts tire import tax dodgers

The National Tax and Customs Administration (NAV) has apprehended a criminal gang involved in the tire trade, writes hrportal.hu....

Automotive

Local automakers feeling squeeze

The operations of Hungary's biggest automakers have been impacted by the global chip shortage, a parts squeeze due to the...

Automotive

Rába issues profit warning

Listed automotive industry company Raba said late Wednesday that it could report a consolidated first-quarter operating loss of "nearly HUF...

Automotive

AutoWallis’s vehicle sales increased by 11% y.o.y. in Q1

Compared to the same period last year, AutoWallis Group sold 11% more vehicles in the first quarter (a total of...

Automotive

Sales of electric cars in Poland increases

The electromobility counter in Poland exceeded 40,000 vehicles, and since the beginning of this year the number of new registrations...

Automotive

Imports of used cars accelerating

Some 12,830 used cars were registered in Hungary in March, 8% more than in February and 22% more than in...

Automotive

Q1 new auto registrations fall 11% y.o.y.

In the first quarter of this year, 28,690 new passenger cars were placed on the market in Hungary, 11% less...

Automotive

AutoWallis, Salvador Caetano to buy Renault Hungária

AutoWallis Plc. is purchasing Renault Hungária Kft. in cooperation with the Portuguese Salvador Caetano Group, thus attaining exclusivity for sales...

Automotive

AutoWallis closes 2021 with record profits

The AutoWallis Group closed 2021 with profits significantly exceeding its own plans and an EBITDA of HUF 7.8 billion, despite...

Automotive

Duna Autó to sell MG cars in Hungary

Duna Autó will start selling MG cars in Hungary from Q3 2022, the car seller's importer unit Duna Motors Disztribúció...

Automotive

Kravtex-Kühne inaugurates HUF 2 bln expansion 

Hungary's Kravtex-Kühne group inaugurated a HUF 2 billion expansion at its bus plant in Mosonmagyaróvár (160 km northwest of Budapest),...

Automotive

Audi Hungaria to turn out Cupra SUV model from 2024

The local unit of German carmaker Audi will start production of an SUV model of the Volkswagen group's Cupra brand...

Automotive

Automotives Prepare for Greener Future, Face Serious Supply Issues

The Hungarian automotive sector is undergoing a significant transformation, with more environmentally friendly and sustainable vehicle manufacturing on the rise....

Automotive

Audi Hungaria revenue edges higher in 2021

Revenue of the local unit of German carmaker Audi rose 2.6% to EUR 7.717 billion last year, while its after-tax...

Automotive

AutoWallis to use record profits to continue growth strategy

AutoWallis’ general meeting has decided to allow treasury share purchases, authorized capital increases, and passed resolutions on how to utilize...

Automotive

NAV busts tire import tax dodgers

The National Tax and Customs Administration (NAV) has apprehended a criminal gang involved in the tire trade, writes hrportal.hu....

Automotive

Local automakers feeling squeeze

The operations of Hungary's biggest automakers have been impacted by the global chip shortage, a parts squeeze due to the...

Automotive

Rába issues profit warning

Listed automotive industry company Raba said late Wednesday that it could report a consolidated first-quarter operating loss of "nearly HUF...

Automotive

AutoWallis’s vehicle sales increased by 11% y.o.y. in Q1

Compared to the same period last year, AutoWallis Group sold 11% more vehicles in the first quarter (a total of...

Automotive

Sales of electric cars in Poland increases

The electromobility counter in Poland exceeded 40,000 vehicles, and since the beginning of this year the number of new registrations...

Automotive

Imports of used cars accelerating

Some 12,830 used cars were registered in Hungary in March, 8% more than in February and 22% more than in...

Automotive

Q1 new auto registrations fall 11% y.o.y.

In the first quarter of this year, 28,690 new passenger cars were placed on the market in Hungary, 11% less...

Automotive

AutoWallis, Salvador Caetano to buy Renault Hungária

AutoWallis Plc. is purchasing Renault Hungária Kft. in cooperation with the Portuguese Salvador Caetano Group, thus attaining exclusivity for sales...

Automotive

AutoWallis closes 2021 with record profits

The AutoWallis Group closed 2021 with profits significantly exceeding its own plans and an EBITDA of HUF 7.8 billion, despite...

Automotive

Duna Autó to sell MG cars in Hungary

Duna Autó will start selling MG cars in Hungary from Q3 2022, the car seller's importer unit Duna Motors Disztribúció...

Automotive

Kravtex-Kühne inaugurates HUF 2 bln expansion 

Hungary's Kravtex-Kühne group inaugurated a HUF 2 billion expansion at its bus plant in Mosonmagyaróvár (160 km northwest of Budapest),...

Automotive

Audi Hungaria to turn out Cupra SUV model from 2024

The local unit of German carmaker Audi will start production of an SUV model of the Volkswagen group's Cupra brand...

Automotive

Automotives Prepare for Greener Future, Face Serious Supply Issues

The Hungarian automotive sector is undergoing a significant transformation, with more environmentally friendly and sustainable vehicle manufacturing on the rise....

Automotive

Audi Hungaria revenue edges higher in 2021

Revenue of the local unit of German carmaker Audi rose 2.6% to EUR 7.717 billion last year, while its after-tax...

AutoWallis to use record profits to continue growth strategy

AutoWallis’ general meeting has decided to allow treasury share purchases, authorized capital increases, and passed resolutions on how to utilize...

NAV busts tire import tax dodgers

The National Tax and Customs Administration (NAV) has apprehended a criminal gang involved in the tire trade, writes hrportal.hu....

Local automakers feeling squeeze

The operations of Hungary's biggest automakers have been impacted by the global chip shortage, a parts squeeze due to the...

Rába issues profit warning

Listed automotive industry company Raba said late Wednesday that it could report a consolidated first-quarter operating loss of "nearly HUF...

AutoWallis’s vehicle sales increased by 11% y.o.y. in Q1

Compared to the same period last year, AutoWallis Group sold 11% more vehicles in the first quarter (a total of...

Sales of electric cars in Poland increases

The electromobility counter in Poland exceeded 40,000 vehicles, and since the beginning of this year the number of new registrations...

Imports of used cars accelerating

Some 12,830 used cars were registered in Hungary in March, 8% more than in February and 22% more than in...

Q1 new auto registrations fall 11% y.o.y.

In the first quarter of this year, 28,690 new passenger cars were placed on the market in Hungary, 11% less...

AutoWallis, Salvador Caetano to buy Renault Hungária

AutoWallis Plc. is purchasing Renault Hungária Kft. in cooperation with the Portuguese Salvador Caetano Group, thus attaining exclusivity for sales...

AutoWallis closes 2021 with record profits

The AutoWallis Group closed 2021 with profits significantly exceeding its own plans and an EBITDA of HUF 7.8 billion, despite...

Duna Autó to sell MG cars in Hungary

Duna Autó will start selling MG cars in Hungary from Q3 2022, the car seller's importer unit Duna Motors Disztribúció...

Kravtex-Kühne inaugurates HUF 2 bln expansion 

Hungary's Kravtex-Kühne group inaugurated a HUF 2 billion expansion at its bus plant in Mosonmagyaróvár (160 km northwest of Budapest),...

Audi Hungaria to turn out Cupra SUV model from 2024

The local unit of German carmaker Audi will start production of an SUV model of the Volkswagen group's Cupra brand...

Automotives Prepare for Greener Future, Face Serious Supply Issues

The Hungarian automotive sector is undergoing a significant transformation, with more environmentally friendly and sustainable vehicle manufacturing on the rise....

Audi Hungaria revenue edges higher in 2021

Revenue of the local unit of German carmaker Audi rose 2.6% to EUR 7.717 billion last year, while its after-tax...