Hungarian automotive industry: week 26 2022
Fotó: Mercedes me media
Mercedes-Benz set to add new electric models into global production network, Volvo builds new EV plant in Slovakia, Renault Hungária acquisition delayed due to prolonged proceedings. Let’s recap what last week brought in Hungary’s automotive sector. Clicking on the highlighted items will open the full stories.
Mercedes-Benz has plans to add a number of all-electric models to its global production network, including at the Kecskemét plant. According to the car maker’s announcement, at least three new models will be introduced at the the Hungarian plant.
Volvo has announced to build a new EV plant near the Hungarian border in Košice. With a planned annual capacity of 250,000 units, the assembly unit is scheduled to start production in 2026.
According to internal sources, Mercedes-Benz could phase out its A-Class and B-Class models as part of its strategy to shift focus to the luxury segment. The OEM’s strategy also includes plans to significantly increase sales for model families in the highest price range.
In the first half of 2022, 57,311 new passenger cars were registered in Hungary, representing a more than 10 percent drop year on year. The key reasons of the decline originate from international circumstances.
The acquisition of Renault Hungária by AutoWallis and its Portuguese partner, Salvador Caetano, is expected to be concluded later than expected, in the autumn. The delay is caused by prolonged proceedings with the competition authority.
EU ministers of environment protection approved the landmark climate measures banning the sale of new combustion-engine cars by 2035 with a number of exemptions. While the changes kept the original target date, it now exempts vehicles powered by internal combustion engines using carbon-free fuels.
The city of Brașov has temporarily suspended the operation of its entire electric bus fleet. The reason is one of the vehicles that caught fire and burned down completely, which prompted a detailed investigation.
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