Suzuki retains market-leading position in Hungary for 6th consecutive year
In the whole of 2021, Suzuki achieved a 14.48 percent market share in Hungary with 17,650 new passenger cars sold.
2022.01.09 13:55
Toyota maintains strong Hungarian sales in 2021
Toyota had a strong year in Hungary in 2021: the brand sold 13,979 new cars, accounting for a 13.1 percent market share, retaining its prominent position in the Hungarian new car market, which shrank 5.1 percent last year due to supply shortages.
2022.01.09 13:48
Hungarian automotive industry: week 49 2021
South Korean cathode producer to build new plant in Debrecen, BMW holds supplier day, Continental signs new collective agreement at Makó plant. Let’s recap what last week brought in Hungary’s automotive sector.
2021.12.13 09:24
Decision on CEE location for VW battery plant to be made in 2022
Volkswagen is planning to make a decision on the location of its new CEE battery cell plant in the first half of 2022. Hungary is also among the candidates.
2021.10.17 10:20
Continental plan massive investment to expand Hungary-based R&D facilities
Continental Automotive Hungary Kft. have announced to expand their R&D facilities in Hungary. The tech giant’s HUF 4.2 billion investment will be supported with a HUF 1 billion non-refundable government subsidy.
2021.06.13 12:54
Suzuki continue to top Hungarian sales charts in May
In May 2021, Suzuki were once again the manufacturer with the highest number of new car registrations in Hungary: 1,564 units were sold, 13 more than in April. As a result, the Japanese car maker secured 14.62 percent of the Hungarian market.
2021.06.06 22:00
Hungarian automotive industry: week 21 2021
Spanish automotive companies announce investment projects in Hungary, workers at Nemak Győr form strike committee, Hungarian Bosch companies report on successful 2020 despite challenges due to the pandemic. Let’s recap what last week brought in Hungary’s automotive sector. Clicking on the highlighted items will open the full stories.
2021.05.30 23:46
Hungarian automotive industry: week 14 2021
The Semcorp Group is building a lithium-ion battery separator plant in Debrecen, Dunakeszi-based coachbuilder to ramp up production capacities. Let’s recap what last week brought in Hungary’s automotive sector.
2021.04.11 13:52
Hungarian automotive industry: week 13 2021
Johnson Electric, a producer of electronic components for the automotive industry, announce to close down manufacturing plant in Ózd, laying off 800 employees. Let’s recap what last week brought in Hungary’s automotive sector.
2021.04.05 20:10
Hungarian automotive industry: week 7 2021
Manufacturers and suppliers disclose coronavirus-hit 2020 financial reports, suppliers announce Hungarian expansion projects. Let’s recap what last week brought in Hungary’s automotive sector.
2021.02.22 15:24
Swiss-based machine tools manufacturer GF transform Budapest unit into regional centre
GF Machine Solutions (GFMS), the machine tools division of Georg Fischer (GF), a company listed on the Swiss Stock Exchange, have announced to expand their staff and convert their Budapest unit into a regional centre for their development activities in Hungary, Romania and Bulgaria.
2021.02.22 14:32
Mercedes-Benz lead sales in Hungary’s premium segment, driven by soaring demand on SUVs
Mercedes-Benz Hungária Kft. managed to repeat their 2019 record sales volume in 2020, placing the German manufacturer to the top of the premium segment in the country for the fifth consecutive year.
2021.02.07 14:55
Hungarian used car prices see massive surge in 2020
The average price of used cars in Hungary increased by 25 percent between January and December 2020, from HUF 2.48 million to HUF 3.11 million, used car site Használtautó.hu reported.
2021.01.31 17:47
Suzuki top Hungarian car sales for fifth consecutive year
In the whole of 2020, Suzuki achieved a 11.55 percent market share in Hungary with 14.783 new units sold, and has led car registrations in the country for the fifth year in a row.
2021.01.10 12:40
Hungarian automotive industry: week 48 2020
MAJOSZ holds webinar on the future of Hungary’s automotive industry, Hungarian collaboration develops innovative emission measurement technology. Let’s recap what last week brought in Hungary’s automotive sector.
2020.11.30 08:30
Hungarian-developed technology to bring breakthrough in emission measurement
Collaborating with researchers from the University of Szeged (SZTE), Pécs-based Energotest Kft. and Dunaharaszt-based Contireg Mérnökiroda Kft. have developed a new emission measurement technique using photoacoustic technology, with support from European Union funds.
2020.11.29 18:29
Continental: all-season tyres great winners of pandemic
In the first nine months of the year, the Hungarian passenger car tyre market shrank by 5 percent from the same period last year. Looking at seasonally adjusted data, summer tyre sales declined by 5.1 percent, while demand on winter tyres went down by 7.1 percent.
2020.11.29 18:26
Hungary takes the lead to enter European Battery Alliance
Hungary is taking the lead in Central Eastern Europe to join the European battery industry’s goals to secure a successful green transition within the automotive and energy sector with a strong battery industry.
2020.11.22 16:14
AutoWallis report on dynamic growth despite turbulent markets
AutoWallis have reported on growth both in the domestic and foreign markets, posting a 22 percent accumulated sales increase, which resembles the dynamics of the pre-pandemic period even when discarding the company’s business development activities and acquisitions carried out this year.
2020.11.08 15:03
New-car sales continue to decline in Hungary through Q3
In October, 11,946 new cars were registered in Hungary, 4 percent down compared to the same period the year before, the Hungarian Vehicle Importers’ Association (MGE) reported earlier this week based on data published by DataHouse Kft.
2020.11.08 14:56
AHAI companies operate at peak production capacities
Following a period of lockdowns in the spring, the fourth quarter sees nearly all automotive companies once again operating at peak capacity, István Pintér, president of the Association of the Hungarian Automotive Industry (AHAI), said in a statement published by Hungarian news agency MTI earlier this week.
2020.11.01 20:03
Hungarian automotive industry: week 40 2020
Pandemic drives railway and intermodal transport, Bavaria applauded for contribution to Hungary's economy. Let’s recap what last week brought in Hungary’s automotive sector.
2020.10.05 10:07
Szijjártó: Bavarian automotive businesses major element in Hungarian economy
Up to now, “146 large Bavarian businesses have carried out investments in Hungary at a total value of HUF 1,800 billion, providing a livelihood for 50,000 Hungarian employees and their families,” Péter Szijjártó, Minister of Foreign Affairs and Trade, said earlier this week.
2020.10.03 11:13
Import registrations on the rise in Hungary in September
In September, 11,916 import cars were registered in Hungary, a 23 percent growth from August but showing a 10 percent decline from the same month in the year before, JóAutók.hu reported this week based on data published by DataHouse.
2020.10.03 11:10
Railway and intermodal transportation beneficiaries of pandemic
The Association of Hungarian Logistical Service Centres reports that while the volume of road transport in Hungary declined significantly in the first half of 2020, railway transport expressed in tonnes/kilometre grew by 7.5 percent compared to the same period in the previous year.
2020.10.03 11:07
