News
AutoWallis obtains competition authority authorization for entering the Czech vehicle retail market
As the Czech competition authority has granted its approval for AutoWallis to purchase Stratos Auto’s BMW division, the Hungarian group is expected to enter the Czech vehicle retail market in the first half of this year after the closing conditions are met.
2024.04.22.
Read moreInvitation to AutoWallis Group Investor Day
6 May 2024 8:30 – 11:00; Gerbeaud Café Átrium Hall,
Budapest, Vörösmarty square 7-8.
2024.04.16.
Read moreThe first quarter saw AutoWallis outperforming in retail and the company continues to expect significant growth
The AutoWallis Group’s Retail & Services Business Unit started the year off strong after increasing new vehicles sales by 16%, substantially exceeding the 7% growth seen on the Hungarian market.
2024.04.15.
Read moreThe AutoWallis Group continues its growth story after an extraordinarily successful year
The vehicle trading company and mobility service provider, playing an increasingly major role in the Central and Eastern European region, may use the dividend base generated based on the HUF 20 billion EBITDA realized along with its record revenue of HUF 366 billion to finance intense expansion.
2024.04.09.
Read moreProposals for the Annual General Meeting of AutoWallis to be held on 26 April 2024
2024.04.05.
Read moreAutoWallis 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.
