News
AutoWallis Sales Report: AutoWallis’s vehicle sales see continued growth
The AutoWallis Group’s Retail Business Unit has seen an almost 20% increase in the sale of new vehicles in the first nine months of the year with used vehicle sales growing by 32%. The Distribution Business Unit of the major regional car sales and mobility service provider has continuously increased its year-on-year sales figures since last fall, again setting new records in the third quarter. Bolstered by both organic growth and the Czech acquisition closed in July, AutoWallis expects 2024 sales data to significantly exceed last year’s figures.
2024.10.15.
Read moreBYD reaches important milestone in Hungary
The AutoWallis Group’s strategic partner and manufacturer of BYD, the world-leading New Energy Vehicles (NEV), has reached a significant milestone after leading the market of battery-powered electric vehicles (BEV) in Hungary in the months of July, August, and September. The fact that Wallis Motor’s BYD showroom on Könyves Kálmán körút had to be expanded after it opened is a good indicator of the success of BYD models, available at the AutoWallis Group since autumn of last year.
2024.10.04.
Read moreAutoWallis Investor Day
AutoWallis held its investor day on 25 September, where the management presented the Group’s first half-year results and recent business developments.
2024.09.25.
Read moreMBH Investment Bank: HUF 223 target price and buy recommendation for AutoWallis shares
With a 12-month price target of HUF 223 and a buy recommendation, MBH Investment Bank has started tracking AutoWallis Group’s shares.
2024.09.24.
Read moreAutoWallis shares to be included in the Vienna Stock Exchange regional index
The Vienna Stock Exchange has decided to include AutoWallis’s shares in the CECE index comprising Central and Eastern European stocks. This step brings the region’s major vehicle trading company and mobility service provider closer to realizing its strategic objectives and it expects to see increased international investor attention in the coming period.
2024.09.18.
Read moreInvitation to the Investor day of AutoWallis Group
Venue: Wallis Motor Duna BYD salon (Budapest, Könyves Kálmán krt. 5.)
Date: 25 September 2024, Wednesday 9:00-11:00
2024.09.05.
Read moreConcorde: purchase price increased to HUF 230 with a buy rating for AutoWallis shares
Concorde Értékpapír Zrt. has updated its analysis for AutoWallis Plc. shares. The analyst institute upholds its buy rating for AutoWallis shares with a (12-month) HUF 230 target rate.
2024.08.27.
Read moreAutoWallis publishes its ESG strategy
The AutoWallis Group has published its ESG strategy in which the automotive company registered on the Hungarian stock exchange has determined its strategic focus areas pertaining to sustainable operations as well as its related plans. AutoWallis aims to have all members of the Group, present in 16 countries in the Central and Eastern European region, operate along the lines of a uniform ESG strategy and to prioritize environmental, social, and governance aspects when making their decisions.
