News in Brief
Audi expands operations in Hungary
Audi Hungária is expanding its tools plant in Győr, in north-west Hungary, investing HUF 3.8 billion (EUR 10.5m).
Automotive Industry
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News in Brief
Consumer confidence is on the rise as the automotive sector accelerates
Consumer confidence has edged up since the onset of the pandemic and the automotive industry has increased output in recent months.
Speeches and Remarks
Press statement by Prime Minister Viktor Orbán after talks with Chairman of the Board of Management of Audi Hungária
15 June 2020, Győr
News in Brief
FM: Automotive industry is the backbone of Hungarian economy
Japanese battery manufacturer GS Yuasa has built a battery assembly plant in the Miskolc industrial park with an investment of HUF 9 billion (EUR 26.8 million), to which the Hungarian...
News in Brief
Austrian automotive firm AVL to open new R&D center in Hungary
The foreign minister said the investment will create 350 jobs, including 250 for engineers
News in Brief
Ford opens new service center in Budapest
Ford will employ 700 people in Hungary, mostly young professionals with university degrees who speak several languages
News in Brief
BMW to start production at its new plant in Debrecen in 2023
The plant will turn out both combustion engines and electric motor cars but a decision on exactly which models will be made there has not yet been taken
News in Brief
BMW to build new plant in Debrecen
Minister Szijjártó pointed out that more than 1,000 jobs will be created and over one billion euros of investment will be pumped into Hungary
News in Brief
Audi Hungária announces new R&D base to be built in Győr
Hungarian automotive industry moves from 'Made in Hungary' to 'Invented in Hungary'
News in Brief
Hungary's FM: The success of the Hungarian economy depends on adapting to the latest technologies in the fastest time
Péter Szijjártó, minister of Foreign Affairs and Trade, said that it's cucial for Hungary to adapt in the fastest posssible time and include the involvement of high-tech companies
News in Brief
Hungary's automotive industry development will rely on systems integration involving the V4
Minister Varga said that the government will spend 3 billion euros on R+D+I. A substantial part of this sum will also flow into the automotive industry
News in Brief
Driverless cars hit the streets of Budapest
AImotive already has a fleet of ten cars making their way around the city, and a unit is present in Szépvölgyi Street, Budapest
News in Brief
PM Orbán officially opens innovative new electric car battery plant
The prime minister said that by 2019 there should be between 3,500 and 4,000 electric car charging stations around Hungary and by 2020 some 63,000 electric vehicles on the roads