Automotive

Automotive

Automotive manufacturing output up 6.8%

The output of automotive manufacturing, the most significant segment of Hungary's industrial sector, rose 6.8% year-on-year in January, after six...

Automotive

Mercedes-Benz cuts shift in Hungary as deliveries from Ukraine stop

German carmaker Mercedes-Benz is reducing the number of shifts in some areas of its plant in Kecskemét from three to...

Automotive

Magyar Suzuki raises wages by 12%

Magyar Suzuki announced increasing wages at its Esztergom plant by an average of 12% retroactively to January, following consultations with...

Automotive

Ukraine Crisis: Audi Hungaria predicts supply chain problems

Although supplies to customers are currently unaffected, Audi Hungaria Zrt. has told the Budapest Business Journal that it expects the...

Automotive

Ukraine Crisis: War could further affect domestic car production

The car industry has not recovered from the effects of the epidemic but already has another difficulty, as the Russian-Ukrainian...

Automotive

Rába books HUF 1.3 bln profit

Hungarian automotive industry company Rába booked an after-tax profit of HUF 1.3 billion for 2021, improving from a HUF 1...

Automotive

Falling new car sales challenging the leasing market

Domestic new car sales have been steadily declining since H2 2021, mainly due to the recent global chip shortage. The...

Automotive

BMW Debrecen plant development advancing on schedule

Development of BMW Group's EUR 1 billion plant in Debrecen (195 km east of Budapest) is "proceeding according to plan",...

Automotive

Novation Tech announces HUF 1.3 bln base development

Italian-owned Novation Tech, which makes composite parts for the automotive industry, yesterday announced a HUF 1.3 billion development at its...

Automotive

Automotive sector output contracts at faster clip in Dec

The output of automotive manufacturing, the biggest segment of Hungary's industrial sector, declined 19.8% year-on-year in December, after a 15.3%...

Automotive

ZalaZONE control center completed for HUF 350 mln

The control center of the ZalaZONE Automotive Test Track in Zalaegerszeg (215 km southwest of Budapest) has been completed with...

Automotive

Imported used car registrations climb 7% in Jan

The number of imported used cars registered in Hungary rose 7.2% year-on-year to 10,606 in January, listings site JoAutok.hu said...

Automotive

Hungary signs MoU on KAMAZ R&D, production bases

Hungary's Innovation and Technology Ministry has signed a memorandum of understanding with the management of Russian truck maker KAMAZ on...

Automotive

Gov’t signs strategic agreement with Autoliv

Hungary's government signed a strategic cooperation agreement with the local unit of Stockholm-headquartered automotive safety supplier Autoliv yesterday, according to...

Automotive

BMW production in Hungary to start in 2025

German carmaker BMW will start production at a plant in Debrecen (about 195 km east of the capital) in 2025,...

Automotive

Automotive manufacturing output up 6.8%

The output of automotive manufacturing, the most significant segment of Hungary's industrial sector, rose 6.8% year-on-year in January, after six...

Automotive

Mercedes-Benz cuts shift in Hungary as deliveries from Ukraine stop

German carmaker Mercedes-Benz is reducing the number of shifts in some areas of its plant in Kecskemét from three to...

Automotive

Magyar Suzuki raises wages by 12%

Magyar Suzuki announced increasing wages at its Esztergom plant by an average of 12% retroactively to January, following consultations with...

Automotive

Ukraine Crisis: Audi Hungaria predicts supply chain problems

Although supplies to customers are currently unaffected, Audi Hungaria Zrt. has told the Budapest Business Journal that it expects the...

Automotive

Ukraine Crisis: War could further affect domestic car production

The car industry has not recovered from the effects of the epidemic but already has another difficulty, as the Russian-Ukrainian...

Automotive

Rába books HUF 1.3 bln profit

Hungarian automotive industry company Rába booked an after-tax profit of HUF 1.3 billion for 2021, improving from a HUF 1...

Automotive

Falling new car sales challenging the leasing market

Domestic new car sales have been steadily declining since H2 2021, mainly due to the recent global chip shortage. The...

Automotive

BMW Debrecen plant development advancing on schedule

Development of BMW Group's EUR 1 billion plant in Debrecen (195 km east of Budapest) is "proceeding according to plan",...

Automotive

Novation Tech announces HUF 1.3 bln base development

Italian-owned Novation Tech, which makes composite parts for the automotive industry, yesterday announced a HUF 1.3 billion development at its...

Automotive

Automotive sector output contracts at faster clip in Dec

The output of automotive manufacturing, the biggest segment of Hungary's industrial sector, declined 19.8% year-on-year in December, after a 15.3%...

Automotive

ZalaZONE control center completed for HUF 350 mln

The control center of the ZalaZONE Automotive Test Track in Zalaegerszeg (215 km southwest of Budapest) has been completed with...

Automotive

Imported used car registrations climb 7% in Jan

The number of imported used cars registered in Hungary rose 7.2% year-on-year to 10,606 in January, listings site JoAutok.hu said...

Automotive

Hungary signs MoU on KAMAZ R&D, production bases

Hungary's Innovation and Technology Ministry has signed a memorandum of understanding with the management of Russian truck maker KAMAZ on...

Automotive

Gov’t signs strategic agreement with Autoliv

Hungary's government signed a strategic cooperation agreement with the local unit of Stockholm-headquartered automotive safety supplier Autoliv yesterday, according to...

Automotive

BMW production in Hungary to start in 2025

German carmaker BMW will start production at a plant in Debrecen (about 195 km east of the capital) in 2025,...

Automotive manufacturing output up 6.8%

The output of automotive manufacturing, the most significant segment of Hungary's industrial sector, rose 6.8% year-on-year in January, after six...

Mercedes-Benz cuts shift in Hungary as deliveries from Ukraine stop

German carmaker Mercedes-Benz is reducing the number of shifts in some areas of its plant in Kecskemét from three to...

Magyar Suzuki raises wages by 12%

Magyar Suzuki announced increasing wages at its Esztergom plant by an average of 12% retroactively to January, following consultations with...

Ukraine Crisis: Audi Hungaria predicts supply chain problems

Although supplies to customers are currently unaffected, Audi Hungaria Zrt. has told the Budapest Business Journal that it expects the...

Ukraine Crisis: War could further affect domestic car production

The car industry has not recovered from the effects of the epidemic but already has another difficulty, as the Russian-Ukrainian...

Rába books HUF 1.3 bln profit

Hungarian automotive industry company Rába booked an after-tax profit of HUF 1.3 billion for 2021, improving from a HUF 1...

Falling new car sales challenging the leasing market

Domestic new car sales have been steadily declining since H2 2021, mainly due to the recent global chip shortage. The...

BMW Debrecen plant development advancing on schedule

Development of BMW Group's EUR 1 billion plant in Debrecen (195 km east of Budapest) is "proceeding according to plan",...

Novation Tech announces HUF 1.3 bln base development

Italian-owned Novation Tech, which makes composite parts for the automotive industry, yesterday announced a HUF 1.3 billion development at its...

Automotive sector output contracts at faster clip in Dec

The output of automotive manufacturing, the biggest segment of Hungary's industrial sector, declined 19.8% year-on-year in December, after a 15.3%...

ZalaZONE control center completed for HUF 350 mln

The control center of the ZalaZONE Automotive Test Track in Zalaegerszeg (215 km southwest of Budapest) has been completed with...

Imported used car registrations climb 7% in Jan

The number of imported used cars registered in Hungary rose 7.2% year-on-year to 10,606 in January, listings site JoAutok.hu said...

Hungary signs MoU on KAMAZ R&D, production bases

Hungary's Innovation and Technology Ministry has signed a memorandum of understanding with the management of Russian truck maker KAMAZ on...

Gov’t signs strategic agreement with Autoliv

Hungary's government signed a strategic cooperation agreement with the local unit of Stockholm-headquartered automotive safety supplier Autoliv yesterday, according to...

BMW production in Hungary to start in 2025

German carmaker BMW will start production at a plant in Debrecen (about 195 km east of the capital) in 2025,...