Hungarian automotive industry: week 38 2020
Fotó: Schaeffler
Green cars pick up momentum, pandemic poses prolonged economic setback. Let’s recap what last week brought in Hungary’s automotive sector. Clicking on the highlighted items will open the full stories.
Automotive supplier Schaeffler and bus and truck manufacturer MAN are looking to carry out significant layoffs that is causing hard tensions with workers. Demonstrations made headlines at various production sites of both companies last week.
The PSA Group and Fiat Chrysler are forced to make modifications to their merger plans in order to ensure its conclusion on schedule, by early-2021.
Following three other countries in the region, AutoWallis will now take over as the importer of the Opel brand in Hungary.
Although new-car registrations have seen a setback due to the pandemic, the number of cars with green registration plates have doubled in Hungary in the last year and a half.
Demand on used cars has also remained more steady in face of the crisis, indicated by higher used-car prices in Hungary than in other European countries.
According to a recent prognosis, it could take until 2022 for the economies of Hungary and Germany to reach pre-pandemic levels. German stakeholders are optimistic about the country’s recovery, boosting the economic sentiment indicator to a decade record high.
A new course is launching at Neumann János University with the aim to spark its students’ interest in a potential career at the Kecskemét-based Mercedes-Benz auto plant.
Last week, we interviewed two representatives of industrial service provider SMC Hungary Kft. on the trainings offered by the company in the field of Industry 4.0.
We also reported on research results from the USA indicating a significant role played by tarmac pavements in urban pollution.
