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AutoWallis closed the first quarter with improving efficiency
The AutoWallis Group improved its operating efficiency in the first quarter of 2026, as EBITDA increased by 13% to HUF 3.7 billion, primarily due to an improvement in gross margin. The favorable development was achieved despite a 2% decline in revenue, caused by a decrease in wholesale sales volumes, in contrast to growth in the Retail and Mobility Services Business Units.
2026.05.21.
Read moreAutoWallis to use 2025 profit to support implementation of its growth strategy
In addition to its existing resources, the AutoWallis Group may also allocate its after-tax profit of nearly HUF 5 billion generated last year to the implementation of its growth strategy, following shareholder approval at the annual general meeting of the Board of Directors’ proposal on the 2025 annual report and the use of profit. At the general meeting held on Wednesday, shareholders also resolved, among other things, to grant authorizations for treasury share purchases as well as for capital increases.
2026.04.29.
Read moreAnother leading brand joins AutoWallis: Geely to debut in Austria with the Hungarian group
AutoWallis is further strengthening its portfolio with another leading brand after signing a distribution agreement for Austria with China’s Geely Auto. The agreement covers the Austrian distribution rights of the Geely brand this time. With this step, AutoWallis further expands the number of brands it represents and strengthens its cooperation with the world’s eighth largest vehicle manufacturer, while further diversifying its position in Central and Eastern Europe.
2026.04.23.
Read moreAutoWallis expands its regional XPENG presence to a fourth country
AutoWallis is further strengthening its regional position by signing an agreement, together with its Portuguese partner Salvador Caetano Group, to acquire the distribution rights of the innovative Chinese electric vehicle manufacturer XPENG in Romania. The new operation, becoming the fourth country in the XPENG portfolio of AutoWallis, is expected to start in the early summer this year.
2026.04.22.
Read moreSales Report Q1 2026: Mixed performance in AutoWallis’ sales in the first quarter: new vehicle sales in the Retail Business Unit increased by 10%
The Retail Business Unit of the AutoWallis Group sold 10% more new vehicles in the first quarter of 2026; at the same time, the company group’s consolidated figures show a temporary slowdown of 2% during the period due to a 6% decline in unit sales in the Distribution Business Unit. The Mobility Services Business Unit of the region’s leading integrated automotive and mobility service provider closed a strong quarter, and service activities also showed growth.
2026.04.15.
Read moreElectrification slowing down, sales above the EU average: this was CEE automotive market in 2025
Despite the turbulent economic conditions, the automotive market in Central and Eastern Europe showed growth in 2025 that exceeded expectations and outpaced Western Europe. In the coming years, hybrid powertrains and Chinese brands are expected to gain further ground, as their goal is to establish a dominant global presence and demonstrate leadership in electrification technology, with Europe serving as a springboard – according to a report compiled by AutoWallis for the third time. As a leading integrated mobility service provider in the Central and Eastern European (CEE) region, AutoWallis is present in 17 countries with 30 brands, giving it a comprehensive view of the processes and trends in Hungary and neighboring countries, which they summarize in their regular CEE Automotive Report.
2026.03.20.
Read moreWallis Motor opens a new chapter under the name AutoWallis: Hungary’s leading BMW dealership gets a makeover
AutoWallis’ Retail Business Unit is introducing the unified AutoWallis brand in Hungary, the Czech Republic, and Slovenia in 2026. The transformation also affects Wallis Motor, BMW’s market-leading domestic dealership, which will now serve its customers under the name AutoWallis. In addition to the name change, the Hungária körút showroom has been completely renovated in line with BMW’s own Retail.NEXT global concept, which guarantees a premium, personalized experience with its modern design and spacious showrooms.
2026.03.13.
Read moreAutoWallis Group’s revenue increased by 20% in 2025, with international markets accounting for an increasing share
AutoWallis Group further strengthened its international presence, and partly as a result of this, its revenue grew by 20% to HUF 477 billion in 2025, representing a total market footprint of HUF 587 billion including companies jointly managed with partners.
2026.02.27.
Read moreTibor Veres wins EY ‘Entrepreneur Of The Year’ award in Hungary
Tibor Veres, Founder and Chairman of Wallis Group, has received the Grand Prize awarded by the independent jury at the EY ‘Entrepreneur Of The Year’ Hungary award ceremony. He will also represent Hungary at the global final of the prestigious EY ‘World Entrepreneur Of The Year’ competition in Monaco.
2026.02.23.
Read moreFour analysts recommend AutoWallis shares for purchase with a consensus target price of HUF 200
Four analysts recommend AutoWallis shares for purchase with a 12-month consensus target price of HUF 200, according to a document prepared by the company listed on the Prime Market of the Budapest Stock Exchange and now published on its website on an ongoing basis.