cars - Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Fri, 15 Nov 2024 06:08:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png cars - Diplomacy & Trade https://dteurope.com 32 32 Electric Vehicle Giants Set to Boost Hungary's Ailing Economy https://dteurope.com/economy/electric-vehicle-giants-set-to-boost-hungarys-ailing-economy/ Fri, 15 Nov 2024 06:08:18 +0000 https://dteurope.com/?p=71806 Hungary's struggling economy may find relief in 2025 as automotive giants BYD and BMW prepare to launch production at their new facilities, marking a significant expansion of the country's automotive sector. Chinese Ambassador Gong Tao announced during a recent visit to Szeged that BYD's first European plant will begin manufacturing vehicles in November 2025. Meanwhile, […]

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]]> Growing Average Age of Cars in Use in Hungary https://dteurope.com/automobile/growing-average-age-of-cars-in-use-in-hungary/ Sun, 26 Feb 2023 10:22:00 +0000 https://dteurope.com/?p=61632 The number of cars registered in Hungary is growing rapidly, but so is their average age. The latter has been rising steadily since the 2008 crisis, according to recent data from the Hungarian Central Statistical Office (KSH). As the business news site portfolio.hu points out, a turnaround would certainly require a rise in the living […]

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]]> Significant Price Increases in the Used Car Market https://dteurope.com/trade/significant-price-increases-in-the-used-car-market/ Tue, 11 Oct 2022 08:41:00 +0000 https://dteurope.com/?p=56772 The average price of advertised cars increased to HUF 4.62 million in the third quarter of this year, while at the beginning of 2020 it was still HUF 2.5 million, and at the end of 2021 it was slightly above HUF 4.5 million, the used cars portal Használtautó.hu told the state news agency MTI on […]

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]]> Aston Martin Salon to Be Opened in Hungary https://dteurope.com/business/aston-martin-salon-to-be-opened-in-hungary/ Thu, 01 Aug 2019 11:59:22 +0000 https://dteurope.com/?p=10804 Hungary's Gablini Group signed an agreement with the luxury brand to open an Aston Martin salon in Hungary next May, state news service MTI reported. Hungary will be the first country in central and eastern Europe where the brand is available and the salon will serve the Slovenian, Croatian, Serbian, Romanian, and Albanian markets. The […]

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