Hungary: Latest automotive news & analysis

Latest insights

FOCUS: The Hungarian auto market

24 Sep 2010 | Chris Brook-Carter

Volkswagen unit Audi AG has announced plans to invest almost EUR900m in its Hungarian operations during the next three years, as it expands its production plant in Gyor. just-auto, with the help of Business Monitor International, takes the opportunity to look deeper into the Hungarian auto market.

FEATURE: Magyar Suzuki holds its own in tough market

3 Jun 2009 | editorial team

Despite the global downturn in sales Magyar Suzuki in Hungary still produced a record number of vehicles last year.

ANALYSIS: AvtoVAZ - how do you transform a giant?

7 Dec 2007 | editorial team

With General Motors confirming its intention to have a stake in AvtoVAZ, the Russian carmaker has been thrust well and truly into the limelight, writes Pal Negyesi.

Latest news

Thyssenkrupp adds a plant in Hungary

2 Mar 2018 | Dave Leggett

Thyssenkrupp says it has opened a further automotive components plant in Hungary today.

Continental plans new Hungarian plant

23 Feb 2018 | Dave Leggett

Continental has announced the construction of a new manufacturing plant in Hungary to expand its automotive electronics production footprint.

Hungary powers on with 220 new Valeo jobs

14 Dec 2017 | Simon Warburton

Valeo Auto-Electric Magyarország is expanding its manufacturing and R&D complex in Veszprém, Hungary, with a EUR60m (US$71m) greenfield project creating 220 new jobs.

Hungary eyes Ukraine to address labour shortage

11 Dec 2017 | Simon Warburton

Hungary is attempting to alleviate part of the "huge competition" for labour in Central and Eastern Europe (CEE) by trying to attract workers from Ukraine.

Autonomous to benefit elderly and blind - Bosch Hungary

6 Dec 2017 | Simon Warburton

Bosch Hungary is highlighting the advantages for older and disabled people with the advent of autonomous vehicles as work to advance the concept gathers pace.

Hungary pursues flexible tax line to attract manufacturing

21 Nov 2017 | Simon Warburton

Hungary's Investment Agency says highly competitive tax rates continue to attract automotive manufacturing to the country as the centrally-located countries of Central and Eastern Europe (CEE) jockey for access to labour.

Samsung SDI builds EV battery plant in Hungary

30 May 2017 | Dave Leggett

Samsung SDI has hosted a construction completion ceremony for an electric vehicle (EV) battery plant scheduled to open in second quarter of 2018 in Hungary.

Apollo Tyres opens green field Hungary plant

7 Apr 2017 | Graeme Roberts

Hungarian prime minister Viktor Orban has opened Apollo Tyres' sixth tyre manufacturing unit, the second in Europe.

BYD opens electric bus factory in Hungary

5 Apr 2017 | Simon Warburton

BYD has opened its first bus plant in Europe in the northern Hungarian town of Komarom. 

Thyssenkrupp to build new EUR35m Hungary parts site

6 Feb 2017 | Simon Warburton

Thyssenkrupp is to build a EUR35m (US$38m) automotive and components plant in the Hungarian city of Debrecen, producing more than 6m coil springs and stabilisers per year and creating around 250 new jobs by 2020.

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