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Automotive sector

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Used Cars Substantially More Expensive in Hungary

Jul 20, 2021

The need for own cars and independent mobility is becoming more and more important in Hungary, and this is reflected not only in the growing interest in new cars, but also - and especially - in used cars. Growing demand and the rising cost of replacing cars on the market have also led to a […]

Flexible Solutions for Lease Clients

Sándor Laczkó
Jul 14, 2021

As one of Hungary's leading fleet management companies, LeasePlan Hungária's leasing activities cover the entire lifecycle of a car, from purchase, financing and operation to full service, taking the burden of car management off its customers. The company has recently organized a webinar with an overview of the automotive industry. The CEO of LeasePlan Hungária […]

Porsche Hungária Innovation and Education Center

Jul 13, 2021

The vehicle importer Porsche Hungária is to establish an Innovation and Education Center with an investment of HUF 2 billion. The cornerstone laying ceremony took place next to the company's Budaörs component center outside the Hungarian capital. At the event, László Mosóczi, Minister of State for Transport Policy at the Ministry of Innovation and Technology […]

Ford Inaugurates its First European Regional Parts Center

Apr 13, 2021

The High Velocity Center inaugurated by the Ford Motor Company, extending over a surface of 10,000 square meters in Biatorbágy, just SW of Budapest, will function as a distribution hub for supplying spare parts for the car dealers and service centers of the brand in 15 Central and Eastern European countries. Thanks to the investment, […]

COVID-19 & Industrial Production

Jun 30, 2020

Reduced output in March and May in the automotive sector could change the typical activity curve in 2020, with busier summer months ahead to make up for lost time. Colliers International has just launched its recent research piece ‘COVID-19 & Industrial Production – The Spring Relevance” where it discusses the importance of particular months for […]

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