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Over 100,000 Users at the Wigo Car-Sharing Service

Jan 8, 2024

Last year, the number of users of Wallis Car Sharing Plc.'s service wigo increased by almost 30% to over 100,000, with customers covering 15 kilometers in an average 52-minute trip, for a total of 8 million kilometers, the same as in 2022, the company told MTI on Monday. According to the information sheet, the number […]

AutoWallis, MG's Parts Distributor in the Region

Oct 5, 2023

SAIC Motor and the AutoWallis Group have signed an agreement under which the Hungarian company will become the MG brand's parts distributor in 13 countries of the region, the Hungarian company told MTI on Thursday. With the agreement, AutoWallis will further strengthen its international presence and enter Greece. In the countries concerned (Hungary, Albania, Czech […]

Share Now Acquired by AutoWallis

Aug 3, 2023

The AutoWallis Group is expanding its services portfolio in one of the mobility market’s most dynamically growing areas, after acquiring ownership of the company (Wallis Autómegosztó Plc.) that operates Share Now in Hungary. As one of the most significant vehicle share service providers on the market, Share Now plans to continue dynamic growth with the […]

Strong Q1 Sales Figures at AutoWallis Group

Apr 17, 2023

AutoWallis Group’s performance continues to significantly exceed the industry average. The Hungarian company, present in 15 countries in the region, almost doubled the number of vehicles sold to reach a figure of 13,800. Though the growth was supported by acquisitions, organic growth was also strong. After four record years, the AutoWallis Group again started the […]

AutoWallis Publishes its First Sustainability Report

Apr 15, 2023

Feeling the need to respond to changes in the automotive industry and the market in general, the retail- and wholesale distribution and mobility services business AutoWallis Group is to publish its first sustainability report. The Group, listed on the Budapest Stock Exchange, is a company operating in 14 countries in the Central and Eastern European […]

Autowallis Reports Excellent Results

Apr 6, 2023

The AutoWallis Group closed another record year in 2022 despite another external environment full of challenges last year. The automotive company registered on the Hungarian stock exchange achieved revenue of HUF 270 billion with an EBITDA of HUF 14.5 billion and earnings per share surpassing HUF 19. The growth was primarily organic and exceeded even […]

AutoWallis Publishes First Sustainability Report

Mar 21, 2023

The automotive company, committed to sustainable operations, was the first company listed in the Premium Category of the Budapest Stock Exchange to develop a Green Finance Framework. In its first Sustainability Report, AutoWallis reviewed its functions, identified the main processes connected to sustainable operations, and transformed its internal information system required for preparing reports. As […]

AutoWallis Gains Ownership of Fleet Management Division

Jan 27, 2023

After the Hungarian Competition Authority granted its approval, the acquisition of the Nelson Group’s fleet management division has been successfully closed by AutoWallis Group, the latter has announced on the website of the Budapest Stock Exchange. By obtaining Nelson, which is among the ten largest players on the fleet management market, the automotive company has […]

AutoWallis Group Closed 2022 with Record Sales

Jan 16, 2023

Sales of the AutoWallis Group set new records in all divisions and areas in 2022, continuing down the path of dynamic growth with the aim of becoming a major vehicle trading company and mobility service provider in the Central and Eastern European region by the end of the decade, the Group said on the website […]

AutoWallis: Double-Digit Growth Across the Board

Oct 17, 2022

The AutoWallis Group is continuing its path of growth after all business units experienced double-digit growth in all areas in the first nine months of the year, with sales in many areas already higher than last year as a whole. This means that the crisis-resistant strategy of the Group, present in 14 countries in the […]

AutoWallis to Acquire New Distribution Rights

Apr 7, 2022

AutoWallis Plc. is purchasing Renault Hungária Ltd. together with a major player on the European automotive market, the Portuguese Salvador Caetano Group, thus attaining exclusivity for sales of vehicles of Renault, Dacia and Alpine brands in Hungary. A statement on the website of the Budapest Stock Exchange says the transaction is submitted to the approval […]

AutoWallis Plans a Public Raising of Capital

Jul 12, 2021

In line with its earlier plans, AutoWallis plans a public raising of capital, and it has already taken the necessary preparatory steps. The listed vehicle company plans to raise between HUF 4 and 6.5 billion in institutional and retail capital in the interest of financing the growth strategy it had announced earlier. A report on […]

ALTEO and AutoWallis Coordinate E-mobility Services

Jul 7, 2021

ALTEO and AutoWallis have signed a strategic cooperation agreement to coordinate their e-mobility services in the future. The agreement between the two companiesis based on their commitment to sustainable and transparent operations and the transition to a green economy. The agreement also covers the sale of innovative energy solutions for charging e-cars. The cooperation agreement […]

AutoWallis: 142% Increase in Revenue

May 27, 2021

Despite the adverse impact of the third wave of the coronavirus pandemic, both the distribution and retail and services business units of the listed automotive company AutiWallis demonstrated significant growth in the first quarter of 2021. The company's management report says the growth surpassing the targets set in the strategy published in 2019 can be […]

AutoWallis Chosen as Opel Importer to Hungary

Sep 16, 2020

Opel has chosen AutoWallis to be the importer of the iconic German brand in Hungary, enabling the Budapest Stock Exchange (BSE) listed group to continue increasing its revenue and new vehicle sales, in a further significant step towards realizing its strategic goals. An AutoWallis report on the BSE website says the decision follows a similar […]

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