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AutoWallis Group

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AutoWallis, the Hungarian Importers for Renault

Oct 5, 2022

The acquisition of Renault Hungária has been completed, as part of which the company established by the AutoWallis and Salvador Caetano Groups has gained the exclusive Hungarian import rights for the Renault, Dacia, and Alpine brands. According to a statement published on the website of the Budapest Stock Exchange, AutoWallis plans to continue strengthening Renault […]

AutoWallis Opens to Online Sales and Austria

Sep 21, 2022

AutoWallis Group is opening up to online sales and the western region, the car company may acquire the company operating the JóAutó and Autó portals, and will enter the Austrian market with its SsangYong wholesale business, the CEO of AutoWallis Group said at a background meeting in Budapest on Wednesday. Gábor Ormosy said that the […]

AutoWallis Group to Support National Kayak-Canoe Team

Jul 21, 2022

The Hungarian Canoe Federation and the AutoWallis Group have concluded a cooperation agreement, under which the company listed in the Premium category of the Budapest Stock Exchange will support the Federation’s work by providing mobility services until 2024, the end of the Olympic cycle, a statement by AutoWallis Group says. The vehicle trading and mobility […]

AutoWallis Records in All its Business Lines in H1 2022

Jul 15, 2022

The AutoWallis Group has set records in all its business segments in the first half of the year, with 60% of last year's total annual vehicle sales already achieved in the first six months of this year, the company informed the state news agency MTI on Friday. According to the statement, the group, which is […]

Sixt Opens New Technical Base Near The Airport

Jun 28, 2022

Sixt, a member of the AutoWallis Group, has built its new technical base in Vecsés, near Budapest's Ferenc Liszt International Airport. Of the HUF 705 million investment project, 40% (HUF 282 million) is covered by Hungarian taxpayers through a decision by the government. AutoWallis classified the construction of the new base a green project, devoting […]

Record Revenue and Earnings at AutoWallis

May 28, 2022

AutoWallis Group, present in 14 countries in the region, closed the first quarter with growth that far exceeded the market average and an exceptional improvement in efficiency. The Group’s net earnings increased more than five-fold to HUF 1.9 billion, its EBITDA more than doubled to HUF 3.1 billion, and its revenue increased by 18%. This […]

Budapest Festival Orchestra Talent Scout Program

May 25, 2022

The Budapest Festival Orchestra, rated among the world's top ten classical music ensembles, is launching a program to find and develop young musical talent. The complex program, which is already keeping tabs on the development of 11 young talents, is supported by the AutoWallis Group, which itself relies on the value-added work of talented young […]

Enormous 2021 Sales Records at AutoWallis

Jan 18, 2022

In line with its strategic plans, AutoWallis sales set new records in all areas in 2021. The Group is present in 14 countries in the region and tripled its figures from the previous year, selling more than 25,000 vehicles last year. Within this figure, the sales of the Retail & Services Business Unit more than […]

AutoWallis’s Momentum Continues

Dec 3, 2021

AutoWallis has reported strong results for the past nine months: the EBITDA of the corporation exceeded HUF 5.7 billion, meaning that the listed automotive company is likely to surpass its yearly plan of HUF 5.5-6.2 billion. The Group generated a revenue of HUF 145.4 billion in the first nine months of the year, with its […]

AutoWallis Expects Revenue to Multiply by 2025

Sep 28, 2021

Hungary's AutoWallis Group has outlined its expectations for the next few years: more than four times last year’s revenue and six times last year’s EBITDA expected for the year 2025. The AutoWallis Group expects dynamic growth until 2025, it revealed in the updated strategy published this Tuesday on the website of the Budapest Stock Exchange. […]

AutoWallis to Build Vehicle Sales and Service Center

Aug 25, 2021

AutoWallis has purchased an 18,000-square-meter plot of land near Kopaszi-gát, a dynamically developing, frequented part of Újbuda, where the company plans to build a multi-brand vehicle sales and service center encompassing several different brands. The investment project fits in well with the listed automotive company’s dynamic growth strategy. The enormous property suitable for the construction […]

All-time Record Revenue at AutoWallis in 2020

Apr 2, 2021

AutoWallis has closed another banner year, with its revenue increasing by 17% to HUF 88 billion in 2020. However, the company expects even such a major expansion to be only a minor step ahead of the 2021 leap. Namely, the revenue of the stock exchange automotive company may present a nearly threefold increase when compared […]

AutoWallis to Acquire Most Modern Car Dealership

Mar 16, 2021

AutoWallis has announced it will gain possession of one of the largest and most modern BMW dealerships in Central and Eastern Europe, housed in a building boasting unparalleled architectural solutions. Having concluded an agreement on the acquisition of DALP Ltd., the company owning the property at 95 Hungária körút in Budapest, AutoWallis Plc., will be […]

New Vehicle Sales Above Market Average at AutoWallis

Jul 31, 2020

Despite the significantly deteriorating environment due to the COVID-19 epidemic, new vehicle sales at AutoWallis performed above market average in the first half: while in Hungary there was a 25% average decrease in domestic sales, this was only 5.6% for AutoWallis. At the same time, international sales of the automotive company listed at the Hungarian […]

AutoWallis to Become Opel Importer in Three CEE States

Jul 24, 2020

AutoWallis takes another significant step towards international expansion by becoming the importer of the Opel brand in Croatia, Slovenia as well as in Bosnia and Herzegovina. For the group, this can greatly increase the revenue and the number of new vehicles sold, the company has announced on the website of the Budapest Stock Exchange. According […]

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