Jato: New Car Market Down 28.0pct In June
According to Jato Dynamics, Hungarian new car sales have fallen again in June (down 28pct on June 2009) dragging down the overall year-to-date figure.
Hungary New Passenger Car Sales Rise 25 pct m/m, Fall 28 pct yr/yr In in June
The number of new passenger cars sold in Hungary rose 25.2 pct to 4,254 in June from May, but sales fell 27.9 pct year-on-year, Datahouse told on July 2.
The Esztergom Plant Will Begin Manufacturing of Sixth-Generation Suzuki Swift
Magyar Suzuki, the Hungarian unit of Japan's Suzuki Motor Corporation, will begin manufacturing sixth-generation Suzuki Swifts at the company's plant in Esztergom following the annual summer production shutdown.
Maxon to Upgrade Production at its Hungarian Unit in Veszprém
Swiss owned high-precision drive-system manufacturer Maxon AG will commence production of whole motors and rotors to the company's Hungarian unit, Maxon Motor Hungary, which has so far been manufacturing spare parts only.
Mercedes-Benz is Fast Recruiting for its Kecskemét Plant
The construction work at the Daimler AG’s Hungarian plant in Kecskemét has already begun, while recruitment is also going ahead at the same time.
Bau-Trans Invests HUF 2.5 Billion to Upgrade its Vehicle Fleet
Hungarian logistics company Bau-Trans Kft is planning to invest a total of HUF 2.5 billion in 2010 upgrading its vehicle fleet, the company’s boss Zoltán Papp told business daily Világgazdaság.
Chinese Company Won Hungarian Bus Tender of over EUR 9 million
A Chinese Automotive Industry Co Ltd. won in a second round the public procurement tender of the Hungarian Volánbusz Zrt for the delivery of 60 buses.
Opel Sticks to Its Szentgotthárd Plant
General Motors announced that it does not cease any workplaces in its Szentgotthárd plant.
Hankook Tire Invests 230 Million Euros in Hungarian Unit to Double its Capacity
“The demand for our tires has been growing steadily and dynamically all over Europe,” said Jin-Wook Choi, Hankook Tire Executive Vice-President and COO in Europe.
Orientbus Starts Technology Transfer Program with China
Chinese public transport vehicle provider Jing Long and Hungarian Orientbus, MJT join forces to manufacture buses in Bazhou, China.
