October 21, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Viktor Orban

    Hungary is ready to support Audi run local plant, says Viktor Orban

    Hungary is ready to provide financial support to German automaker Audi to help its manufacturing plant in the country run at full operating capacity, Prime Minister Viktor Orban said on Monday as he visited the site. Orban said the automaker was important to the Hungarian economy’s recovery from the adverse impacts of the coronavirus crisis. […]

    BMW logo

    BMW to delay opening of Hungary plant to save cash

    BMW will put investments on hold as it looks forward to conserve cash to counter a decline in demand caused by the spread of Covid-19 coronavirus pandemic, Chief Financial Officer Nicolas Peter said. “In light of the existing situation, we will be delaying a number of projects, like the plant in Hungary. Other projects will […]

    Audi Q8 sport concept

    Audi’s Hungarian plant to stop production on Monday

    Volkswagen Group’s Audi brand will stop output at its plant located in Hungary on Monday, the factory stated, following Volkswagen’s announcement of a suspension of production at plants in Italy, Portugal, Slovakia and Spain. “In light of the clearly worse sales prospects and the uncertainties emerging in component supply (because of the coronavirus pandemic), Volkswagen […]


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