Continental Invests HUF 4.2 Bn in Capacity Expansion Car parts supplier Continental Automotive Hungary will invest 4.2 billion forints (EUR 12.1m) to expand capacity at its R+D centres... 2021.06.07.
Used Car Prices Skyrocket Due to Pandemic As a result of the pandemic, the demand for used cars in the Hungarian car market has increased, and at... 2021.04.21.
Ford’s New Logistics Centre in Biatorbágy Will Serve 15 Countries in the Region Car manufacturers are continuing to bring engineering, development and service facilities to Hungary, Péter Szijjártó, the minister of foreign affairs... 2021.04.13.
Two US Automotive Companies to Invest HUF 12 Bn in Hungary American automotive companies BorgWarner and Jabil are launching investments in Hungary worth a combined 12 billion forints (EUR 33.5m) and... 2021.01.26.
Coronavirus: BMW Plant in Debrecen Moving Forward with ‘Slight Amendments’ The construction of BMW's plant in Debrecen is going ahead and work is being carried out according to the preliminary... 2020.05.15.
Automotive Industry in Hungary Restarts Production Gradually, Effects May Still Remain The automotive industry is slowly and gradually resuming production. Experts, however, agree that some effects will long remain and will... 2020.04.24.
Coronavirus: Suzuki and Mercedes Suspend Production In the wake of Audi's and Opel's decision announced yesterday, Suzuki and Mercedes also declared they will temporarily shut down... 2020.03.18.
South Korean Investors Extremely Interested in Hungary Over the past thirty years, Hungary's foreign economic relations have changed significantly. As a result of globalization, many non-European countries... 2019.12.10.
The Reason for Merkel’s Conciliatory Tone Towards Orbán A notable event could be observed at the meeting in Sopron, where Angela Merkel and Viktor Orbán commemorated the Paneuropean... 2019.08.29.
Bumchun Precision to Build EUR 40 Million Plant in Hungary South-Korea-based Bumchun Precision said Wednesday it would build a 13.3 billion forint (EUR 40m) plant supplying parts for electric cars... 2019.07.24.
