Hungarian automotive industry: week 28 2022
Fotó: Alstom
Alstom expands Hungarian manufacturing presence, AutoWallis sets new sales records in H1 2022, EU car registrations drop for 12th consecutive month. Let’s recap what last week brought in Hungary’s automotive sector. Clicking on the highlighted items will open the full stories.
France-based Alstom is currently expanding its Mátranovák plant with a HUF 1.3 billion investment. The job-creating project will support the local production of bogie frames for hydrogen-powered passenger trains.
In Q2, Mercedes-Benz sold 16 percent fewer cars year on year due to Coronavirus restrictions in China and microchip shortages.
Volvo Cars has announced its departure from the European Automobile Manufacturers' Association quoting conflicting emission strategies between the manufacturer and the organization.
AutoWallis set new records in all its divisions in the first half of the year. The group met 60 percent of its total 2021 sales volume in the first six moths, projecting growth for the whole of 2022.
In July, new car registrations in the European Union dropped by 15.4 percent year on year, marking a year-long consecutive recession.
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