Hungary

Hungary's automotive market will take at least two to three years to recover to the pre-crisis level of 120,000-140,000 units sold a year, believes Peter Erdelyi, the chairman of... 2010-01-12

News: Japanese automaker Suzuki Motor's Hungarian subsidiary Magyar Suzuki sold 8,112 passenger cars in 2009, compared with 24,864 cars sold in 2008. While car sales for the subsidiary... 2010-01-06

New vehicle sales in Romania reached just over 12,000 units in October, down 50% compared with the same month last year, according to carmakers in the country.

News: Hungarian auto parts maker Raba has registered a third consecutive net loss in Q309. The axle maker's sales have plunged by 42.3% year-on-year (y-o-y) in the third quarter to... 2009-11-18

The European Commission is demanding the Hungarian government modify its car registration tax legislation which it believes does not comply with EU tax rules, online news source

The Hungarian government is planning to boost domestic bus production in an attempt to renew the country's overall bus fleet. Although the programme is at an initial stage, industry... 2009-09-28

Magyar Suzuki, the Hungarian subsidiary of Suzuki Motor Corporation, will be downsizing its output from 281,680 units produced last year to only 180-190,000 units by end-2009. The... 2009-09-01