The three Hungarian OEMs, the Audi plant in Győr, the Mercedes-Benz plant in Kecskemét and the Esztergom-based Suzuki plant manufactured over 500,000 cars last year, planning to allocate additional portions of their profits to new local investments.
2017.06.09 09:00
Compared to the same period in the previous year, Waberer’s registered a 9.5 percent revenue increase (€572.4 million) and 12.1 percent growth in their EBITDA (earnings before interest, taxation, depreciation, and ammortisation) in 2016.
2017.05.21 21:35
Porsche Hungaria, the German automotive group’s Hungarian importer, is expecting an annual sales volume of 400-600 units by 2020, Balázs Németh, the company’s brand manager, told Hungarian news outlets this week.
2017.05.10 19:31
The sum of the bonus differs in every region after taking into account local laws and wage levels.
2017.03.08 13:43
The eight businesses awarded at the Investor of the Year Gala, held by the Hungarian Investment Promotion Agency (HIPA), brought a total of €1.5 billion in investments and are set to create 6,000 jobs in Hungary.
2017.03.01 12:31
F. Segura expands Szolnok plant with €16.7m, Audi Hungaria enhances human-robot cooperation, Kravtex-Kühne completes major bus delivery, parliament to discuss potential ban on combustion engines. Let’s recap what the eighth week this year brought in Hungary’s automotive industry.
2017.02.27 13:23
Last year, nearly 630,000 engines were manufactured at Opel’s Szentgotthárd engine plant, up by 23 percent from their previous record, Grzegorz Buchal, plant director at Opel Szentgotthárd, have told journalists in Budapest.
2017.01.18 15:17
In 2016, the marque with the four rings sold 2,503 cars in Hungary, up 14 percent from the 2,197 units registered in the previous year.
2017.01.10 23:04
Last year, 96,500 new cars were registered in Hungary, 25.1 percent more than the year before. In 2016, the best-selling brand in Hungary was yet again Ford with a market share of nearly 13 percent.
2017.01.06 11:10
Magyar Suzuki Corp. ended 2016 with a record high in its sales in Hungary. The Japanese manufacturer’s Hungarian market share grew from 9.72 percent in 2015 to 11.67 percent in 2016.
2017.01.04 19:49
The event, boasting 40 foreign and 4 Hungarian university teams this year, will soon also be home to the competition of autonomous vehicles.
2016.08.19 01:52
Audi Hungaria has once again exceeded 1 million units in engine production by manufacturing 1,031,887 engines in the first half of 2016 (H1 2015: 1,067,525 units).
2016.07.30 00:09
The Videoton group is expecting a 5–10 percent revenue growth in 2016, associate chief-executive Ottó Sinkó said this week in a press release.
2016.07.16 00:35
Global HR services firm Randstad has handed out awards for the most attractive employers for the third time. Hungary´s top two employers continue to be automotive manufacturers.
2016.04.09 18:27
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