Hungary and China may establish a research, development, testing and certification center for smart, new energy vehicles and their energy storage systems in Zalaegerszeg, ZalaZONE Vehicle Testing Track announced to MTI on Wednesday. According to a letter of intent, a joint investment by the China-U.S. Green Fund, Zhongzhi Zhitong Testing Technology Co. Ltd., and the […]
The BMW brand increased its sales in the Hungarian new car market by 18.8% in the first half of this year compared to the same period last year, with 3,286 models sold, the Bavarian brand continues to maintain its first place in the premium segment - BMW Group Hungary informed MTI in a statement. The […]
The Emil Frey Group, a car importer operating in several Central European countries, will begin selling Leapmotor cars in Hungary, making it the first Chinese brand in its portfolio, György Balkány, country manager of Emil Frey Hungary, announced at a press conference in Budapest on Tuesday. Leapmotor is reported to be an up-and-coming car manufacturer […]
Mol Limo launched its classic car rental service this Monday. Mol Limo RENT A CAR is available 24 hours a day, the company told MTI. According to the statement sent by the car-sharing company to MTI says that it currently operates a fleet of around 600 cars and that the new service is based on […]
The AutoWallis Group has signed a cooperation agreement with its Portuguese partner Salvador Caetano Group to distribute the Chinese brand XPENG, which produces innovative electric cars, in Hungary, Slovenia and Croatia, the company said on Monday. Under the agreement, AutoWallis Caetano Plc., which is 50-50% owned by the Hungarian and Portuguese companies, will be the […]
Since the start of Audi Q3 production in Győr in 2018, one million units of this successful model have been produced, Audi Hungaria said in a news release. Since its foundation in 1993, Audi Hungaria has produced more than 45 million engines and more than two million vehicles in Győr, NW Hungary. Production of the […]
Chery Automobile of China signed an agreement with Grand Automotive for the representation of the Chery car brand in Hungary, the Hungarian company told MTI. According to the statement, sales are expected to start in late summer or early autumn with two SUV models, which will be available in conventional petrol and plug-in hybrid (PHEV) […]
Based on the decision of its Annual General Meeting, AutoWallis will not pay dividends, the amount available for this purpose will be placed in the profit reserve to support the company's growth strategy, the company told MTI on Friday. Shareholders approved the company's 2024 report and authorized the board of directors to increase the share […]
For the third year in a row, Toyota has been the market leader in Hungary, which is no coincidence, as the brand offers choice for all levels of society. The Japanese car manufacturer says no matter whether you're looking for a small city car, a family hatchback or a futuristic five-door vehicle, Toyota has a […]
The AutoWallis Group continues to expand with the BYD brand after opening the first BYD sales point in Hungary in Győr. The new showroom in NW Hungary will support the further growth of the leading integrated car and mobility service provider in the Central and Eastern European region, the groups said in a statement on […]
The Chinese vehicle manufacturer Geely's van brand Farizon has entered the Hungarian car market, and its first dealership, Duna Autó, has started selling two models, the exclusive importer AutoWallis and Duna Autó announced at a press conference in Budapest on Tuesday. Chinese automotive holding Geely owns a number of car brands, including Volvo and Lotus. […]
Toyota expects the new car market in Hungary to stagnate in 2025, but it is realistic to maintain its multi-year leadership by setting a new sales record and supporting this by repositioning the prices of its plug-in hybrid models, Toyota Central Europe Ltd., the company responsible for imports in Hungary, said in Budapest. According to […]
BMW's sales will be boosted next year by a new product portfolio, and the Hungarian importer expects the innovative Neue Klasse model, which will be launched in the second half of the year and will be produced at the German carmaker's new plant in Debrecen, to play a major role in this. Zoltán Gombos, Managing […]
The AutoWallis Group sold close to 8% more vehicles in 2024 compared to 2023, marking yet another strong year, the company announced on the website of the Budapest Stock Exchange. The number of vehicles sold by the group increased by 7.7% to reach 48,386. The Retail Business Unit saw the greatest increases, growing new vehicle […]
Ford has maintained its 15-year leading position in the Hungarian commercial vehicle market: in 2024, it sold 9,253 new vehicles, reaching a 27% market share, the company informed MTI in a statement. The brand is strong across the entire market and all segments, with dealerships in Hungary selling 14,128 new Fords in 2024, resulting in […]
