Sales of listed car seller AutoWallis slipped 3.7% year-on-year to 37,963 in Q1-Q3, falling on the performance of the wholesale division, a preliminary report released on Wednesday shows. Turnover of the wholesale division dropped 6.8% to 26,029. CEO Gábor Ormosy said an expected recovery of the segment in the third quarter had failed to materialize, […]
Listed car seller AutoWallis's vehicle first-half sales edged down 1% year-on-year to 26,125, falling on the performance of the wholesale division, a preliminary report released on Wednesday shows. Sales of the wholesale division dropped 4% to 17,946, although the decline slowed in the second quarter, AutoWallis said. A fall in KGM brand sales and production […]
Shareholders of listed car seller AutoWallis voted at an annual general meeting to put all of last year's profit into retained earnings, the company said on the Budapest Stock Exchange on Wednesday. It means that in addition to its existing resources, the AutoWallis Group may also allocate its after-tax profit of nearly HUF 5 billion […]
Listed car seller AutoWallis's vehicle sales edged down 2% year-on-year to 11,602 in the first quarter, falling on the performance of the wholesale division, a preliminary report released on Wednesday shows. Sales of the wholesale division dropped 6% to 7,676 as KGM, Renault and Dacia sales were impacted by competing Chinese brands, AutoWallis said. The […]
Net income of listed car seller AutoWallis dropped 24% year-on-year to HUF 3.6 billion in Q1-Q3, an earnings report published on Monday shows. Revenue rose 21% to HUF 353.2 billion. Revenue of the wholesale division edged up 4% to HUF 168.5 billion, while revenue of the retail business climbed 43% to HUF 177.0 billion. Operating […]
AutoWallis has moved to new offices. The region's leading car dealership and mobility company has found a new home in the Liberty office building, located at one of the capital's busiest transport hubs. According to the announcement, the move is a significant step towards more efficient operations, which is an important part of the company's […]
In line with its strategic goals, AutoWallis continues to strengthen its position in the automotive retail sector after reaching an agreement to sell Lexus, Toyota's premium car brand. The region's leading integrated car dealer and mobility service provider opened its first Lexus showroom in Győr, bringing the number of brands represented by the company to […]
AutoWallis' wholesale division has expanded with the addition of Xpeng vehicles, and the Chinese manufacturer also held its regional launch in Budapest, AutoWallis announced in a statement sent to MTI on Thursday. Xpeng is launching its models simultaneously in three markets: Hungary, Croatia and Slovenia. AutoWallis and Salvador Caetano's joint venture will handle import duties […]
Compared to the first three months of the year, AutoWallis’ operating efficiency improved, and its revenue increased by nearly 21% to HUF 235 billion in the first half of 2025. The company’s EBITDA was HUF 8.1 billion, reducing the difference from the comparable period of the previous year to 10%, as opposed to the 31% […]
AutoWallis is further strengthening its cooperation with the Chinese producer of electric vehicles after reaching an agreement to open a car dealership in Debrecen, E Hungary, the car dealer company says in a statement on the website of the Budapest Stock Exchange. The showroom and service center located in eastern Hungary supports the further growth […]
The AutoWallis Group increased its vehicle sales by 3.4% in the first half of the year, mainly due to previously completed acquisitions in the Czech Republic, the company told MTI on Tuesday. According to the information provided, sales of new cars in the retail business segment increased by 18.8% to 5,849 units, with 1,131 of […]
Based on the decision of its Annual General Meeting, AutoWallis will not pay dividends, the amount available for this purpose will be placed in the profit reserve to support the company's growth strategy, the company told MTI on Friday. Shareholders approved the company's 2024 report and authorized the board of directors to increase the share […]
The Hungarian automotive trading company AutoWallis Plc. has informed its investors on the website of the Budapest Stock Exchange that it intends to acquire a 100% stake in the holding company MILAN KRÁL HOLDING of the Czech Republic, for which it has submitted a request for preliminary approval to the Czech competition authority. MILAN KRÁL […]
The acquisition effectively supports the company's strategy, which aims to further expand through acquisitions in addition to organic growth and business development, the AutoWallis Group says in a statement. With the acquisition, the AutoWallis Group is establishes its presence in the Czech car retail market in addition to the Hungarian and Slovenian ones, while its […]
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 […]
