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Automotive industry

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Magyar Suzuki: 3.5 Million Vehicles Produced

Jul 23, 2020

3.5 million Suzuki models were manufactured in about 30 years at the Esztergom (NW of Budapest) plant of the Hungarian subsidiary of the Japanese company – and sold to people in 123 countries. The international automotive company has come a long way in Hungary from its 1991’s beginnings to the jubilee reached recently, having been […]

Thyssenkrupp's Hungarian Plant Delayed Significantly

Jun 16, 2020

The German Thyssenkrupp is postponing the construction of its production plant in Pécs, southern Hungary by one and a half to two years, Forbes magazine has learned. According to the original plans, production would have started in mid-2020 in the plant where engine parts will be produced for hybrid and fully electric vehicles. This later […]

Denso: No Layoffs, Elevated Wage Remains

May 23, 2020

During the epidemic and under the conditions of temporary production shutdown, Denso Manufacturing Hungary Ltd. managed to save all jobs in the plant of Székesfehérvár's largest employer. They were not satisfied with the government's wage support plan first but now, they use the modified version. The crisis forced the Hungarian plant of the Japanese company […]

NEMAK Lays Off Almost 20% of Workforce in Győr

May 22, 2020

The cylinder heads manufacturer Nemak Győr Alumíniumöntöde (aluminum foundry) Ltd., which employs about a thousand people, will have 180 of its employees laid off by the end of July, the Hungarian news agency MTI reports. In his statement to the news agency, the company's financial director, Gábor Mersich writes that the redundancy at the Mexican-owned […]

The Wescast plant in Oroszlány

Wescast to Lay off 250 people

May 18, 2020

Wescast Industries Inc., the world's leading supplier of cast exhaust manifolds for passenger cars and light trucks lays off 250 employees from its factory in Oroszlány, west of Budapest, the Hungarian news agency MTI reports. The news agency learned from the Vasas (Iron Workers') Trade Union that 250 of the 800 employees will be made […]

Hungary Tops Alternatively Powered Vehicles Sales

May 13, 2020

Hungary produced the largest increase in new passenger car registrations in the first quarter of 2020 among the member countries of the EU and EFTA in the alternatively powered vehicles (APV) category that includes all vehicles not running on petrol or diesel (that is, electric chargeable, hybrid and other alternative powered ones. According to the […]

BMW Postpones Hungary Plant Construction

May 6, 2020

"In light of the current situation, we will be delaying a number of projects, like the plant in Hungary. Other projects will be carefully reconsidered. Now, more than ever, our investments need to be targeted and based on sound judgement," Nicolas Peter, Member of the Board of Management of BMW AG has announced. A press […]

The Magyar Suzuki factory in Esztergom

Magyar Suzuki Re-starts Production

Apr 22, 2020

On April 29, Magyar Suzuki Corporation will restart production. While introducing healthcare and safety measures which will be more complex than any other measure before, the company will gradually restore production in one shift at the beginning. The Esztergom plant, NW of Budapest, continuously monitors the market needs and shapes production plan according to this. […]

Audi Hungaria to Halt Production from Monday

Mar 17, 2020

Audi Hungaria Co. Ltd. in Győr, NW Hungary plans to shut down production from Monday due to the international coronavirus situation and the uncertainty in the supply of parts - the company informed the Hungarian news agency MTI on Tuesday. According to the announcement, production will be suspended at most of the Volkswagen Group sites, […]

Production line at the Mercedes plant in Kecskemét

Major Mercedes-Benz Investment at its Kecskemét Location

Mar 16, 2020

Mercedes-Benz AG increases flexibility in the global production network of Mercedes-Benz cars by building a new press shop on an area of ​​around 23,000 square meters in the company’s plant in Kecskemét, SE of Budapest. The new press shop will set standards in digitization in metal forming while design, development, planning, tool manufacturing and production […]

Audi Hungaria Closes 2019 with Excellent Production Results

Jan 16, 2020

Audi Hungaria ended 2019 with a high production result despite challenging conditions: last year, more vehicles rolled off the assembly line in Győr, NW Hungary than ever before. In addition, the company produced over 90,000 e-motors a year after production started. At the same time, 2019 saw the start of the serial production of the […]

Opel Capacity Expansion in Szentgotthárd

Jan 9, 2020

In the first days of 2020, PSA group starts to produce three-cylinder Turbo PureTech petrol engines at the Szentgotthárd plant in SW Hungary. 350,000 1.2-liter engines, of 100 and 130 hp, are expected to be produced in each year. Being awarded and implementing this strategic investment, the importance of the Szentgotthárd plant among the European […]

Audi starts mild-hybrid production in Győr

Audi Starts Mild-Hybrid Car Production in Győr

Dec 5, 2019

Audi Hungaria has begun the serial production of the Q3 and Q3 Sportback models with Mild Hybrid Electric Vehicles (MHEV) powertrain in Győr, NW Hungary. Both models feature a 1.5-liter TFSI engine, also made in Győr, in collaboration with a 48-volt on-board system and a Riemen-Starter-Generator (RSG). The production line had been prepared for the […]

GS Yuasa plant inaugurated

GS Yuasa Plant Inaugurated in Miskolc

Oct 2, 2019

GS Yuasa's first factory on the European continent is now complete. Through its EUR 28.8 million plant in Miskolc, the Japanese battery producer will supply its European automotive partners manufacturing electric vehicles (EV) with lithium-ion resources, further strengthening Hungary's position in electromobility, the Hungarian Investment Promotion Agency reports. The Hungarian government has contributed 465.3 million […]

2019 Chain Bridge Award handed over to Arconic

Arconic Receives Chain Bridge Budapest Award

Sep 26, 2019

The American company Arconic that specializes in lightweight metals engineering and manufacturing has announced that its Hungarian subsidiary, Arconic-Köfém Ltd., received the 2019 Chain Bridge Budapest Award. Launched in 2017, this prize is awarded each year by the Hungarian Investment Promotion Agency (HIPA) to the company that makes the greatest contribution to the development of […]

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