Rába Járműipari Holding Nyrt. has reported on a 19.5 percent drop in its consolidated turnover in the first three months of the year to HUF 11.8 billion, and registered a HUF 119.6 million loss (down 112.9 percent) compared to the same quarter of the previous year.
2020.05.16 17:27
Nearly all automotive players are reporting on losses in Q1 2020, and the magnitude of the post-pandemic crisis is projected to be larger by the day. In spite of this, the automotive industry is quickly recovering in China, and OEMs have also begun to reopen their plants in Europe, too.
2020.05.11 10:35
Audi and Mercedes resume vehicle production at Hungarian manufacturing units. European OEMs ramp up manufacturing activities amid unfavourable prospects for 2020 sales. Let's recap what the 18th week this year brought in the region's automotive industry.
2020.05.04 02:19
In the initial phase after the restart, 2,000 employees in Győr have returned to the plant to resume work in one shift. The assembly line currently outputs 250 vehicles a day, the initial phase of a gradual ramp-up programme to be fleshed out in the coming weeks.
2020.05.02 21:12
Bosch makes announcement to lay off 700 temporary workers due to falling automotive order volumes. Suzuki Esztergom and Mercedes Kecskemét resume production. Let’s recap what last week brought in Hungary’s automotive sector.
2020.04.27 15:35
The wage agreement between Audi Hungaria Zrt. and the Audi Hungaria Independent Trade Union has been amended to secure the long-term employment of the Győr plant’s employees.
2020.04.27 15:27
Audi Hungaria Zrt. has announced plans to partially resume production at its engine plant next week.
2020.04.19 18:19
The Audi plant in Győr halted production in mid-March amid safety concerns due to the novel coronavirus. The manufacturer is hard at work to ensure safe conditions and restart production at the Győr unit as soon as possible.
2020.04.11 12:42
Covid-19 and its economic effects continued to be in our focus last week. Several OEMs announced extended stoppages, but efforts to resume production have also started to make their way. Let’s recap what last week brought in Hungary’s automotive sector.
2020.04.06 22:43
Audi was the next in line to announce plant shutdowns as a result of the current coronavirus pandemic. In accordance with VW AG directives, the German premium car maker is shutting down its European production sites, including its car and engine manufacturing plant in Győr, Hungary.
2020.03.17 13:55
COVID-19 rears its ugly head at manufacturers, takes its toll on trade exhibitions. Magyar Suzuki Corporation introduces precautionary measures to fight the outbreak. Industry Days exhibition postponed to October. Let's recap what week 11 brought in the region's automotive industry.
2020.03.16 14:00
Rába Járműipari Holding Nyrt. registered a 2.4 percent year-on-year revenue increase to HUF 49.798 billion, while its net earnings fell by 52.2 percent to HUF 572 million.
2020.02.22 12:30
Audi Hungaria is currently testing digital shelf labelling, a new digital tool in its logistics processes.
2020.02.14 21:00
The Audi Hungaria Independent Trade Union (AHFSZ) has handed over workers’ demands to the management of the Győr-based plant: a double-digit wage increase in 2020 and 2021, higher loyalty bonus and fringe benefits, variable pay and a one-time bonus for both years.
2020.01.22 22:13
Only a year and a half after the serial production launch, the 100,000th electric motor rolled off the production line at Audi Hungaria.
2020.01.07 09:30
UK elections fast-track Brexit, Bosch wary of green turn in EU policy, Hungarian technical secondary education reform gets green light. Let’s recap what last week brought in the automotive industry in the region and worldwide.
2019.12.17 12:29
Rába Járműipari Holding Nyrt. is expected to sell one of its Győr-based properties for over HUF 2 billion after receiving a purchase offer from a leading European multinational enterprise.
2019.12.07 17:56
Audi Hungaria has launched the serial production of Q3 and Q3 Sportback models with mild-hybrid drivetrains.
2019.12.07 00:08
Test runs have been successfully concluded and serial production has commenced on Rába Járműipari Holding Nyrt.’s brand-new front axle shaft production line.
2019.11.23 14:22
The Rába Group has reported on a group-level loss of more than HUF 429 million in the third quarter of 2019, a significant drop from the HUF 7 million recorded last year.
2019.11.16 12:59
Audi is planning to increase the annual engine capacities of its Győr plant to 2.25 million units.
2019.11.10 12:15
Volkswagen looking to become giant in EV manufacturing, Audi Hungaria trade union denies layoff rumours, Japanese spring manufacturer expands in Tata. Let’s recap what last week brought in Hungary’s automotive sector.
2019.11.05 10:37
According to news outlet G7, layoffs at Audi Hungaria commenced already in the spring based on employee data.
2019.11.02 10:16
Audi is targeting a €15 billion cost reduction programme by 2022, mostly affecting the car maker’s Germany-based locations, the head of the company told Frankfurter Allgemeine Zeitung this week.
2019.10.27 10:37
Audi has announced to phase out the Audi TT sports car from its model range to introduce an electric model in its place.
2019.05.23 23:06
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