The AutoWallis Group’s Retail Business Unit increased new vehicle sales by 13% thanks to international acquisitions closed last year, while the Distribution Business Unit’s sales showed a year-on-year decrease in the first quarter, mainly due to one-off effects. The regional car sales and mobility service provider’s used vehicle sales skyrocketed, showing growth of more than […]
The AutoWallis Group continues to expand with the BYD brand after opening the first BYD sales point in Hungary in Győr. The new showroom in NW Hungary will support the further growth of the leading integrated car and mobility service provider in the Central and Eastern European region, the groups said in a statement on […]
The AutoWallis Group increased its sales to HUF 398.46 billion last year, which is 9% higher than the previous year, while EBITDA (earnings before interest, tax, depreciation and amortization) rose by 2% to HUF 20.175 billion, the company told MTI on Friday. Net profit fell to HUF 6.976 billion from HUF 9.842 billion in the […]
The AutoWallis Group sold close to 8% more vehicles in 2024 compared to 2023, marking yet another strong year, the company announced on the website of the Budapest Stock Exchange. The number of vehicles sold by the group increased by 7.7% to reach 48,386. The Retail Business Unit saw the greatest increases, growing new vehicle […]
In a private placement, the AutoWallis Group has issued EUR 20 million in bonds with favorable terms, contributing to the company continuing to bolster its position as a major regional car sales and mobility service provider. The funding aims to provide financing for the continued international expansion and the acquisitions of AutoWallis, currently present in […]
The AutoWallis Group achieved record Q3 revenue, the main driver of which continues to be the Retail Business Unit with its above market average growth of 16%. The revenue of the Group, present in 16 countries in the region, grew to HUF 291 billion and its EBITDA topped HUF 14 billion. The AutoWallis Group increased […]
The AutoWallis Group's Retail Division increased its new car sales by nearly 20% in the first nine months of the year, while used car sales grew by 32%. The Wholesale Business of the region's leading car dealer and mobility provider has been steadily increasing its sales since last autumn compared to the same quarter last […]
AutoWallis Distribution, a subsidiary of the AutoWallis Group, will be the wholesale distributor of the Opel brand in Hungary, Bosnia and Herzegovina, Croatia and Slovenia for another five years, at least until the end of 2028, the AutoWallis Group told MTI on Thursday. Gábor Ormosy, CEO of AutoWallis Plc, said in a statement that the […]
The AutoWallis Group is introducing a new brand to launch its own mobility service brand called wigo. Under the new brand, AutoWallis’s first service is wigo carsharing, which is being launched by former Share Now operator Wallis Autómegosztó. According to a statement by AutoWallis on the website of the Budapest Stock Exchange, clients of the […]
