Renault sells Lada factory for 1 Russian ruble
The French automaker suspended production Russia in early April.
France’s Renault restarts auto production in Russia
Renault derives a larger chunk of its revenues from Russia than other major carmakers
Entire European tire industry could come to a halt due to soot shortage from Russia
Some Italian and French manufacturers have already stopped production
Volvo suspends production and sales in Russia
A company spokesperson explained the plant’s closure was due to Russia’s invasion of Ukraine and would take effect immediately
New car sales in Europe drop for seventh consecutive month
European manufacturers hope for a rebound this year with 10.5 million new cars estimated to be registered across the continent
BMW sales overtake Mercedes for the first time since 2016
Mercedes’ car sales in Germany plummeted by more than 25 percent
Hungary: Chip shortage slows down car production
The chip shortage is expected to last at least a few more months, but auto production is already taking a serious hit in Hungary
Bosch to invest another €146 million in Hungary
Germany’s Bosch Automotive Steering will invest another HUF 52.5 billion (€146 million) in Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó announced on Friday
EU regulations are stifling the continent’s car industry
Planned emission limits are unrealistic and will further drive car prices up, while internal combustion engine production moves to China
Swedish feminist blogger demands Volvo change its ‘male chauvinistic’ logo
The Swedish woman claimed that the Volvo logo is sexist, but there turned out to be a big problem with her theory
Demand for Hungarian medical e-buses is surging in Western Europe
Newly developed buses can function as mobile medical stations or vaccination points
Tesla factory construction halted in Germany over lizards and snakes
Second victory for German environmental agencies
Automakers prepare for disaster in Germany, Poland, Hungary, and Czechia over planned EU emission standards
Now planned for 2025, the new standard will effectively ban the sale of internal combustion engines, which could result in tens of thousands of jobs losses
Mercedes Hungary begins production of hybrid models
New line geared up for production during the pandemic
Mercedes recalls over 660,000 cars in China over oil leak
Vehicles made between 2013 and 2018 recalled
PM Orbán pledges support to Audi Hungária to ramp up production
Audi invested €11 billion in Hungary so far
Ferrari now worth more than GM and Ford as coronavirus turns global car market upside down
Luxury-carmaker Ferrari now worth more than General Motors and Ford
Germany: VW reopens world’s biggest car factory after 5-week coronavirus stoppage
The VW factory is currently operating at 10-15 percent of capacity
Suzuki reboots production in Hungary, offering a glimmer of hope amid coronavirus
Suzuki is the second company to reopen production after Audi
Audi restarts production at Hungarian engine plant
Coronavirus grinds Hungarian automotive industry to a halt, Suzuki suspends production
Suzuki will keep paying its employees after coronavirus sends automotive industry worldwide into a tailspin
Dacia to launch cheapest electric car in Europe
Electric car with a starting price of €10,000
German court halts Tesla factory construction in Berlin
Objections over tree felling and water usage
Hungarian automotive industry to reach €30 billion in output this year
€38 million Opel investment had a large impact
New car sales rise 11.7% in Hungary
Suzuki still market leader
Samsung invests HUF 390 billion in Hungary
SDI Samsung will expand the capacity of its plant in Göd, central Hungary to the tune of HUF 390 billion.
More harmful effects of Brexit to come
The United Kingdom is an important export destination not only in terms of direct but also indirect exports. Hard Brexit could have tainted the Czech economy by tens of billions of crowns and tens of thousands of jobs, especially in the automotive industry.