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AutoWallis Group

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Sixt Opens New Technical Base Near The Airport

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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

D&T
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 […]

Iniciál Autó service station

AutoWallis Acquires Iniciál Autóház

D&T
Jul 5, 2020

As a new step in the cooperation established last year with Iniciál Group, having 25 years of experiences in car trade, AutoWallis acquires 40% stake of Iniciál Autóház Ltd., the dominant car dealer in West Hungarian region, engaged in selling and servicing seven car brands. According to the agreement, AutoWallis Plc. will acquire 40% stake […]

AutoWallis Acquires Slovenian BMW Dealership

D&T
Jun 22, 2020

Upon successfully closing the transaction of taking over the only BMW dealership in the Slovenian capital, the Hungarian automotive group AutoWallis enters the country’s automotive retail market, thus strengthening its presence in the Central and Eastern European region. The Ljubljana BMW dealership, which is also the largest one in Slovenia, opened in 2006, and besides […]

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