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Automotive industry

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The new Mercedes CLA model | Mercedes-Benz

New Mercedes model photo leaked by factory

D&T
Dec 27, 2012

Factory-leaked photos have appeared about the upcoming Mercedes-Benz CLA model, a four-door version of the A-Class model, with coupe-like body. After the B-Class, CLA will be the second model, built in the Hungarian factory of Mercedes-Benz.

| Dávid Harangozó

Hankook expands production in Hungary

D&T
Oct 18, 2012

Hankook will expand its Hungarian facility in an over HUF 2.4 billion (EUR 8.7 m) investment project, co-financed by the European Regional Development Fund (ERDF), setting up a new production hall for a new compound mixing unit to increase effectiveness.

Mercedes helps Hungary's industrial production

D&T
Oct 8, 2012

Hungary’s industrial production rose by 2.6% month on month in August, according to data adjusted seasonally and by working days, the Central Statistics Office (KSH) has reported on Friday. This comes after a 1.2% decline in July.

Opel Factory Inauguration in Szentgotthárd | Gergely Botár/kormany.hu

Opel Factory Expansion in Szentgotthárd

D&T
Sep 20, 2012

Hungarian Prime Minister Viktor Orbán and Deputy Chairman of Opel’s Management Board Thomas Sedran, inaugurated a new EUR 500 million flexible engine factory at the Opel plant in Szentgotthárd, W Hungary, creating 800 new jobs.

Csaba Kilián | Dávid Harangozó

New General Secretary at Automotive Association

D&T
Sep 13, 2012

Investment expert Csaba Kilián has been named as the new General Secretary of the Association of the Hungarian Automotive Industry (MGSZ). He has long been involved with the industry during his activities as investment promotion director.

Mercedes-Benz factory in Kecskemét | Dávid Harangozó

Daimler to double capacity in Hungary

D&T
Aug 21, 2012

The Hungary-based Mercedes-Benz plant of German carmaker Daimler plans to double its current 150,000-unit capacity. The expansion of the Kecskemét-based Mercedes plant, absorbing HUF tens of billions, may start in 2013.

| Dávid Harangozó

Mercedes 'Made in Hungary'

D&T
Jul 12, 2012

The Mercedes assembly plant, operated by Mercedes-Benz Manufacturing Hungary Ltd, in Kecskemét, east central Hungary, began production this spring. the June issue of Diplomacy and Trade carried an interview with the CEO.

Suzuki Esztergom | suzuki.hu

New car registrations rise again in Hungary

D&T
Jun 1, 2012

The number of new passenger car registrations has grown in Hungary in May compared to the same month of 2011. This was the 5th month in a row when a year-on-year increase was recorded. Suzuki's figures continue to be impressive.

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Opel to expand production in Hungary

D&T
May 22, 2012

The Hungarian Opel engine production plant sees a jump in production volumes ahead, thus, it expects to hire hundreds new employees over the next three years to work in the company’s plant in Szentgotthárd, southeastern Hungary.

Launching production | Tamás Kovács / MTI

Mercedes' Hungarian plant inaugurated

D&T
Mar 29, 2012

Mercedes’ new plant was inaugurated in Kecskemét, East Central Hungary, on Thursday in the presence of Prime Minister Viktor Orbán and Dr Dieter Zetsche, CEO of Daimler AG. The day also saw the start of the production of the new B Class models.

| D&T Arvhive

Chinese interest in Hungary's car industry

D&T
Mar 21, 2012

New investors and Chinese-owned companies that are already active in Hungary but in different sectors show interest and can enter the local car parts production scene, the business daily Napi Gazdaság reported on Wednesday.

| source: www.raba.hu

Hungary acquires controlling stake in Rába

D&T
Dec 14, 2011

Hungary's National Development Ministry and National Asset Management Agency (MNV) jointly announced that the the state has acquired controlling interest in the exchange-listed Hungarian automotive company Rába after a public tender.

| Csaba Krizsán/MTI

Audi to set up new division in Hungary

D&T
Dec 5, 2011

As announced on Monday, the Hungarian unit of German carmaker Audi is to invest over HUF 2 billion (EUR 6.64 m) in a new vehicle development division in the northwestern Hungarian town of Gyõr. The new facility will create 70 jobs.

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