Automotive

Automotive

Businesses Apply for Over HUF 30 bln of Subsidies to Buy EVs

Businesses have applied for more than HUF 30 billion of subsidies in a scheme to support purchases of EVs, the...

Automotive

AutoWallis Q1 Sales Climb on Acquisitions, Used Vehicle Segment Sees Strong Surge

Budapest Stock Exchange-listed AutoWallis Group started 2025 with solid gains in vehicle sales, driven largely by international acquisitions completed last...

Automotive

Used Electric Vehicle Prices Drop Sharply in Hungary, Tesla Model 3 Becomes Most Popular

The average price of used electric vehicles in Hungary has dropped by more than HUF 1 million compared to the...

Automotive

Businesses Apply for HUF 29.7 bln of Subsidies to Buy EVs

Businesses have applied for HUF 29.7 billion of subsidies in a scheme to support purchases of EVs, close to the...

Automotive

Foreign Minister: Automotive Industry’s Interest in Hungary on the Increase

The automotive industry's interest in Hungary has "increased significantly in recent days", as the country provides a stable environment for...

Automotive

Obituary: Osamu Suzuki, the man who Brought Auto Manufacturing to the Banks of the Danube

Osamu Suzuki, the businessman who led his eponymous motor company for more than four decades, died of lymphoma in his...

Automotive

BYD Most Popular Brand Among Applicants for EV Subsidies

China's BYD is the most popular brand among applicants in a government program to support businesses' purchases of electric vehicles,...

Automotive

Rába Profit Falls to HUF 43 mln on Financial Losses in 2024

Hungarian automotive company Rába reported an after-tax profit of HUF 43 million in 2024, down sharply from HUF 1.2 billion...

Automotive

Businesses Apply for Subsidies to Buy 6,700 Electric Vehicles

Over 5,400 applications have been submitted for HUF 26.2 billion in subsidies in a scheme to support purchases of electric...

Automotive

Used Car Listings Surge in Hungary, Nearing 200,000 in Early 2025

The Hungarian used car market has shown strong activity in the first two months of the year, with approximately 155,000...

Automotive

Audi Hungaria Revenue Reaches EUR 8.611 bln in 2024

Revenue of German-owned car maker Audi Hungaria reached EUR 8.611 billion last year, the automotive company said on Tuesday, according...

Automotive

MBH: Target Price for AutoWallis Shares Upped to HUF 225 With Buy Ratin

MBH Investment Bank updated its analysis of AutoWallis’ shares, maintaining its buy rating for AutoWallis shares with a (12-month) target...

Automotive

Both Concorde and OTP Issue Buy Ratings for AutoWallis Shares With Increased Target Rates

Following Concorde Értékpapír, OTP Bank also updated its analysis of AutoWallis Nyrt. shares: the two analyst houses’ buy ratings now...

Automotive

New Mercedes Plant to Start Serial Production in 2026 – Minister

German car maker Mercedes-Benz's new plant in Kecskemét will start serial production at the beginning of next year, doubling the...

Automotive

Petrányi Group Expands Services at Ferenc Liszt Int’l With U-Save Car Rental Launch

The Petrányi Group and Green Motion Hungary Zrt. have announced a dual expansion move at Budapest’s Ferenc Liszt International Airport....

Automotive

Businesses Apply for Over HUF 30 bln of Subsidies to Buy EVs

Businesses have applied for more than HUF 30 billion of subsidies in a scheme to support purchases of EVs, the...

Automotive

AutoWallis Q1 Sales Climb on Acquisitions, Used Vehicle Segment Sees Strong Surge

Budapest Stock Exchange-listed AutoWallis Group started 2025 with solid gains in vehicle sales, driven largely by international acquisitions completed last...

Automotive

Used Electric Vehicle Prices Drop Sharply in Hungary, Tesla Model 3 Becomes Most Popular

The average price of used electric vehicles in Hungary has dropped by more than HUF 1 million compared to the...

Automotive

Businesses Apply for HUF 29.7 bln of Subsidies to Buy EVs

Businesses have applied for HUF 29.7 billion of subsidies in a scheme to support purchases of EVs, close to the...

Automotive

Foreign Minister: Automotive Industry’s Interest in Hungary on the Increase

The automotive industry's interest in Hungary has "increased significantly in recent days", as the country provides a stable environment for...

Automotive

Obituary: Osamu Suzuki, the man who Brought Auto Manufacturing to the Banks of the Danube

Osamu Suzuki, the businessman who led his eponymous motor company for more than four decades, died of lymphoma in his...

Automotive

BYD Most Popular Brand Among Applicants for EV Subsidies

China's BYD is the most popular brand among applicants in a government program to support businesses' purchases of electric vehicles,...

Automotive

Rába Profit Falls to HUF 43 mln on Financial Losses in 2024

Hungarian automotive company Rába reported an after-tax profit of HUF 43 million in 2024, down sharply from HUF 1.2 billion...

Automotive

Businesses Apply for Subsidies to Buy 6,700 Electric Vehicles

Over 5,400 applications have been submitted for HUF 26.2 billion in subsidies in a scheme to support purchases of electric...

Automotive

Used Car Listings Surge in Hungary, Nearing 200,000 in Early 2025

The Hungarian used car market has shown strong activity in the first two months of the year, with approximately 155,000...

Automotive

Audi Hungaria Revenue Reaches EUR 8.611 bln in 2024

Revenue of German-owned car maker Audi Hungaria reached EUR 8.611 billion last year, the automotive company said on Tuesday, according...

Automotive

MBH: Target Price for AutoWallis Shares Upped to HUF 225 With Buy Ratin

MBH Investment Bank updated its analysis of AutoWallis’ shares, maintaining its buy rating for AutoWallis shares with a (12-month) target...

Automotive

Both Concorde and OTP Issue Buy Ratings for AutoWallis Shares With Increased Target Rates

Following Concorde Értékpapír, OTP Bank also updated its analysis of AutoWallis Nyrt. shares: the two analyst houses’ buy ratings now...

Automotive

New Mercedes Plant to Start Serial Production in 2026 – Minister

German car maker Mercedes-Benz's new plant in Kecskemét will start serial production at the beginning of next year, doubling the...

Automotive

Petrányi Group Expands Services at Ferenc Liszt Int’l With U-Save Car Rental Launch

The Petrányi Group and Green Motion Hungary Zrt. have announced a dual expansion move at Budapest’s Ferenc Liszt International Airport....

Businesses Apply for Over HUF 30 bln of Subsidies to Buy EVs

Businesses have applied for more than HUF 30 billion of subsidies in a scheme to support purchases of EVs, the...

AutoWallis Q1 Sales Climb on Acquisitions, Used Vehicle Segment Sees Strong Surge

Budapest Stock Exchange-listed AutoWallis Group started 2025 with solid gains in vehicle sales, driven largely by international acquisitions completed last...

Used Electric Vehicle Prices Drop Sharply in Hungary, Tesla Model 3 Becomes Most Popular

The average price of used electric vehicles in Hungary has dropped by more than HUF 1 million compared to the...

Businesses Apply for HUF 29.7 bln of Subsidies to Buy EVs

Businesses have applied for HUF 29.7 billion of subsidies in a scheme to support purchases of EVs, close to the...

Foreign Minister: Automotive Industry’s Interest in Hungary on the Increase

The automotive industry's interest in Hungary has "increased significantly in recent days", as the country provides a stable environment for...

Obituary: Osamu Suzuki, the man who Brought Auto Manufacturing to the Banks of the Danube

Osamu Suzuki, the businessman who led his eponymous motor company for more than four decades, died of lymphoma in his...

BYD Most Popular Brand Among Applicants for EV Subsidies

China's BYD is the most popular brand among applicants in a government program to support businesses' purchases of electric vehicles,...

Rába Profit Falls to HUF 43 mln on Financial Losses in 2024

Hungarian automotive company Rába reported an after-tax profit of HUF 43 million in 2024, down sharply from HUF 1.2 billion...

Businesses Apply for Subsidies to Buy 6,700 Electric Vehicles

Over 5,400 applications have been submitted for HUF 26.2 billion in subsidies in a scheme to support purchases of electric...

Used Car Listings Surge in Hungary, Nearing 200,000 in Early 2025

The Hungarian used car market has shown strong activity in the first two months of the year, with approximately 155,000...

Audi Hungaria Revenue Reaches EUR 8.611 bln in 2024

Revenue of German-owned car maker Audi Hungaria reached EUR 8.611 billion last year, the automotive company said on Tuesday, according...

MBH: Target Price for AutoWallis Shares Upped to HUF 225 With Buy Ratin

MBH Investment Bank updated its analysis of AutoWallis’ shares, maintaining its buy rating for AutoWallis shares with a (12-month) target...

Both Concorde and OTP Issue Buy Ratings for AutoWallis Shares With Increased Target Rates

Following Concorde Értékpapír, OTP Bank also updated its analysis of AutoWallis Nyrt. shares: the two analyst houses’ buy ratings now...

New Mercedes Plant to Start Serial Production in 2026 – Minister

German car maker Mercedes-Benz's new plant in Kecskemét will start serial production at the beginning of next year, doubling the...

Petrányi Group Expands Services at Ferenc Liszt Int’l With U-Save Car Rental Launch

The Petrányi Group and Green Motion Hungary Zrt. have announced a dual expansion move at Budapest’s Ferenc Liszt International Airport....