News
Resolutions of the Annual General Meeting of AutoWallis Plc.held on 29 April 2026
2026.04.29.
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.
