Invitation to the annual general meeting of AutoWallis Nyrt on 26.04.2024

The Board of Directors of AutoWallis Nyilvánosan Működő Részvénytársaság (registered address: H-1055 Budapest, Honvéd u. 20; company registration no.: 01-10-047350; Court of Registration of the Budapest-Capital Regional Court; hereinafter: “Company”) hereby convenes its Annual General Meeting (“General Meeting”).

2024.03.27.

AutoWallis to be importer of the Chinese Geely Group’s electric commercial vehicle brand in 8 regional countries

The AutoWallis Group is further bolstering its international position after reaching an agreement to become the exclusive distributor in 8 Central and Eastern European countries of the Farizon brand of commercial vehicles manufactured by Geely Auto Group. The Chinese Geely Group is one of the largest vehicle manufacturers in the world, leading the way in automotive industry innovations, including self-driving technologies, electric and hybrid vehicles, and other advanced mobility solutions.

2024.03.14.

AutoWallis becomes SsangYong importer in four new markets

The AutoWallis Group is further strengthening its position in the region by acquiring the import rights for SsangYong in four new countries: Bosnia-Herzegovina, Kosovo, Montenegro, and Serbia. Together with the Hungarian market, AutoWallis will now be the exclusive importer of the South Korean brand in nine regional markets.

2024.03.06.

More than HUF 360 billion in revenue and dynamic growth in profits at the AutoWallis Group in 2023

2024.02.29.

The AutoWallis Group to be Opel importer for another 5 years in Hungary and three other countries in the region

The major German auto maker has extended the AutoWallis Group’s Opel wholesale contract for another five years for four countries in the Central and Eastern European region. As AutoWallis has represented Opel in Hungary, Bosnia-Herzegovina, Croatia, and Slovenia since 2020, the current contract will help bolster cooperation.

2024.02.22.

Five years on the stock market: four-fold revenue and ten-fold profit at AutoWallis Group

The AutoWallis Group has seen immense growth since it was listed on the stock market five years ago: its revenue has increased by a factor of four and its profits by a factor of ten thanks to its consistently implemented growth strategy, in which expansion was supported by both acquisitions and organic development.

2024.02.12.

The primary owner supports the continued growth of AutoWallis with a capital increase of HUF 5.7 billion

The primary owner is supporting AutoWallis’s plans for international growth with a capital increase of HUF 5.7 billion, further strengthening the already strong capital position and balance sheet structure of the regional car sales and mobility service provider.

2024.01.26.

AutoWallis Sales Report Q1-Q4 2023: The increasingly dominant AutoWallis Group closed 2023 with yet another record year at the regional level

The AutoWallis Group’s sales have set records across all business units in 2023: the car sales and mobility service provider plays an increasingly important role in the region and has increased its vehicle sales by more than 40 percent while also showing strong growth in services.

2024.01.15.

Results for 2023 Q1-Q3: In just 9 months, AutoWallis has exceeded last year’s entire revenue and profit figures

The AutoWallis Group has broken another record, increasing its revenue and profits by more than a third in the first nine months of the year as compared to the same period last year. As a result, the regional vehicle trading and mobility service provider has already surpassed the performance of its entire last year and the company’s earnings per share has jumped to HUF 22.6.

2023.11.30.

The AutoWallis Group is launching its own mobility service named wigo

The AutoWallis Group is introducing a new brand to launch its own mobility service brand called wigo. Under the new brand, AutoWallis’s first service is wigo carsharing, which is being launched by former Share Now operator Wallis Autómegosztó. Clients of the domestic car sharing service, which leads the market based on revenue, will be able to use the fleet of almost 500 vehicles from the 24th of October with the new application boasting an expanded range of functions.

2023.10.19.