Automotive

Automotive

Audi restarts shifts after supply chain pressure eases

German carmaker Audi's base in Hungary will operate with three shifts again from Monday, after reducing the number to just...

Automotive

SK Innovation to build USD 2.3 bln EV battery plant in Hungary

South Korea's SK Innovation will build a USD 2.3 billion electric vehicle battery plant in Hungary, its third in the...

Automotive

BorgWarner, Jabil to invest in Hungarian operations

U.S. automotive industry companies BorgWarner and Jabil will invest a combined HUF 12bn at their bases in Hungary, Minister of...

Automotive

Avg used car price in Hungary climbs 25% in 2020

The average price motorists paid for a used car in Hungary rose 25% to HUF 3,110,000 last year, used car...

Automotive

BMW sales fell 5% last year

BMW brand sales in Hungary fell 5% last year, well under the close to 19% drop in overall new car...

Automotive

Continental to open new factory in Serbia’s Novi Sad in early March

In early March, the German company Continental is opening a new factory of automotive electronics in Novi Sad, worth EUR...

Automotive

Vehicle, engine production grows at Audi

Vehicle and engine production grew at German carmaker Audi's plant in Hungary last year, Audi Hungária communications director Mónika Czechmeister...

Automotive

Ford strengthens market share in Hungary in 2020

Ford strengthened its market share in Hungary to 12.5% in 2020 thanks to strong performance in the commercial vehicles segment...

Automotive

Suzuki market leader in Hungary for 5th year running

Sales of new Suzuki passenger cars in Hungary reached 14,783 last year, giving the Japanese company 11.55% market share, Magyar...

Automotive

Debrecen ‘focal point’ for BMW electromobility strategy

BMW's plant in Debrecen "will be the focal point for BMW's electromobility-based strategy in future", Minister of Foreign Affairs and...

Automotive

Apollo Tyres spends HUF 4.4 bln to upgrade, broaden production palette in Hungary

India's Apollo Tyres is spending HUF 4.4 billion to upgrade its passenger car tire production lines and widen its product...

Automotive

Daimler invests HUF 50 bln to make fully-EV cars in Hungary

German carmaker Daimler will invest HUF 50 billion at its plant in Kecskemét to add fully electric vehicles to the...

Automotive

Mercedes-Benz Manufacturing Hungary management, unions seal wage deal

Management and unions of Mercedes-Benz Manufacturing Hungary have reached an agreement that will raise base pay at the plant in...

Automotive

Serial production of Audi Q3 plug-in hybrid starts in Hungary

The local unit of German carmaker Audi has started serial production of the Audi Q3 plug-in hybrid at its plant...

Automotive

Continental investing HUF 25.6 bln at plants in Hungary

German automotive industry supplier Continental will spend HUF 25.6 billion to install production lines for next-generation vehicle electronics at its...

Automotive

Audi restarts shifts after supply chain pressure eases

German carmaker Audi's base in Hungary will operate with three shifts again from Monday, after reducing the number to just...

Automotive

SK Innovation to build USD 2.3 bln EV battery plant in Hungary

South Korea's SK Innovation will build a USD 2.3 billion electric vehicle battery plant in Hungary, its third in the...

Automotive

BorgWarner, Jabil to invest in Hungarian operations

U.S. automotive industry companies BorgWarner and Jabil will invest a combined HUF 12bn at their bases in Hungary, Minister of...

Automotive

Avg used car price in Hungary climbs 25% in 2020

The average price motorists paid for a used car in Hungary rose 25% to HUF 3,110,000 last year, used car...

Automotive

BMW sales fell 5% last year

BMW brand sales in Hungary fell 5% last year, well under the close to 19% drop in overall new car...

Automotive

Continental to open new factory in Serbia’s Novi Sad in early March

In early March, the German company Continental is opening a new factory of automotive electronics in Novi Sad, worth EUR...

Automotive

Vehicle, engine production grows at Audi

Vehicle and engine production grew at German carmaker Audi's plant in Hungary last year, Audi Hungária communications director Mónika Czechmeister...

Automotive

Ford strengthens market share in Hungary in 2020

Ford strengthened its market share in Hungary to 12.5% in 2020 thanks to strong performance in the commercial vehicles segment...

Automotive

Suzuki market leader in Hungary for 5th year running

Sales of new Suzuki passenger cars in Hungary reached 14,783 last year, giving the Japanese company 11.55% market share, Magyar...

Automotive

Debrecen ‘focal point’ for BMW electromobility strategy

BMW's plant in Debrecen "will be the focal point for BMW's electromobility-based strategy in future", Minister of Foreign Affairs and...

Automotive

Apollo Tyres spends HUF 4.4 bln to upgrade, broaden production palette in Hungary

India's Apollo Tyres is spending HUF 4.4 billion to upgrade its passenger car tire production lines and widen its product...

Automotive

Daimler invests HUF 50 bln to make fully-EV cars in Hungary

German carmaker Daimler will invest HUF 50 billion at its plant in Kecskemét to add fully electric vehicles to the...

Automotive

Mercedes-Benz Manufacturing Hungary management, unions seal wage deal

Management and unions of Mercedes-Benz Manufacturing Hungary have reached an agreement that will raise base pay at the plant in...

Automotive

Serial production of Audi Q3 plug-in hybrid starts in Hungary

The local unit of German carmaker Audi has started serial production of the Audi Q3 plug-in hybrid at its plant...

Automotive

Continental investing HUF 25.6 bln at plants in Hungary

German automotive industry supplier Continental will spend HUF 25.6 billion to install production lines for next-generation vehicle electronics at its...

Audi restarts shifts after supply chain pressure eases

German carmaker Audi's base in Hungary will operate with three shifts again from Monday, after reducing the number to just...

SK Innovation to build USD 2.3 bln EV battery plant in Hungary

South Korea's SK Innovation will build a USD 2.3 billion electric vehicle battery plant in Hungary, its third in the...

BorgWarner, Jabil to invest in Hungarian operations

U.S. automotive industry companies BorgWarner and Jabil will invest a combined HUF 12bn at their bases in Hungary, Minister of...

Avg used car price in Hungary climbs 25% in 2020

The average price motorists paid for a used car in Hungary rose 25% to HUF 3,110,000 last year, used car...

BMW sales fell 5% last year

BMW brand sales in Hungary fell 5% last year, well under the close to 19% drop in overall new car...

Continental to open new factory in Serbia’s Novi Sad in early March

In early March, the German company Continental is opening a new factory of automotive electronics in Novi Sad, worth EUR...

Vehicle, engine production grows at Audi

Vehicle and engine production grew at German carmaker Audi's plant in Hungary last year, Audi Hungária communications director Mónika Czechmeister...

Ford strengthens market share in Hungary in 2020

Ford strengthened its market share in Hungary to 12.5% in 2020 thanks to strong performance in the commercial vehicles segment...

Suzuki market leader in Hungary for 5th year running

Sales of new Suzuki passenger cars in Hungary reached 14,783 last year, giving the Japanese company 11.55% market share, Magyar...

Debrecen ‘focal point’ for BMW electromobility strategy

BMW's plant in Debrecen "will be the focal point for BMW's electromobility-based strategy in future", Minister of Foreign Affairs and...

Apollo Tyres spends HUF 4.4 bln to upgrade, broaden production palette in Hungary

India's Apollo Tyres is spending HUF 4.4 billion to upgrade its passenger car tire production lines and widen its product...

Daimler invests HUF 50 bln to make fully-EV cars in Hungary

German carmaker Daimler will invest HUF 50 billion at its plant in Kecskemét to add fully electric vehicles to the...

Mercedes-Benz Manufacturing Hungary management, unions seal wage deal

Management and unions of Mercedes-Benz Manufacturing Hungary have reached an agreement that will raise base pay at the plant in...

Serial production of Audi Q3 plug-in hybrid starts in Hungary

The local unit of German carmaker Audi has started serial production of the Audi Q3 plug-in hybrid at its plant...

Continental investing HUF 25.6 bln at plants in Hungary

German automotive industry supplier Continental will spend HUF 25.6 billion to install production lines for next-generation vehicle electronics at its...