Hungarian automotive industry: week 41 2020
Fotó: Audi Hungaria
Audi Hungaria becomes second carbon-neutral Audi site, Continental announce downscaling plans to cut costs. Let’s recap what last week brought in Hungary’s automotive sector. Clicking on the highlighted items will open the full stories.
Audi Hungaria has become the second carbon-neutral Audi site with the completion of Europe’s largest building-based photovoltaic system.
Vitesco Technologies have launched mass production using their latest overmoulding technology, which will be introduced at the company’s Debrecen-based manufacturing unit starting in 2021.
Daimler have presented a new, comprehensive strategy aimed to increase the German group’s profitability and competitiveness.
Continental have plans to sell a number of their divisions as part of a cost cutting scheme necessitated by the industry’s shift to electromobility.
US-based BorgWarner have successfully integrated Delphi Technologies into their organization. The manufacturer of propulsion systems hopes that the acquisition will increase the group’s competitiveness in the manufacturing of electric drive units.
Volánbusz have announced plans to purchase hundreds of intercity coaches next year, promoting the objective to reduce the average age of the transport company’s bus fleet to six years or less by the year 2031.
Duna Autó Zrt. published a summary of the Hungarian vehicle market, which paints a markedly less dire picture than many had imagined at the start of the pandemic.
In Germany, used car registrations in September exceeded 2019 volumes year on year.
Deloitte published a survey based on data from September that shows surprising optimism from chief financial officers of large businesses.
In an analysis, we looked at how the appreciation of Hungarian automotive workers is evolving.
