News
The 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.
2024.03.14.
Read moreAutoWallis 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.
Read moreExtraordinary Information: Admission of shares to trading on the stock exchange
2024.03.05.
Read moreAutoWallis enters the Czech retail market with an acquisition
The AutoWallis Group is breaking into the retail market of yet another country after agreeing on the purchase of the Czech Stratos Auto’s BMW business unit. Under the agreement, AutoWallis will be present in three Czech cities, among them Prague, acquiring close to 10% of the BMW market in the Czech Republic.
2024.03.05.
Read moreMore than HUF 360 billion in revenue and dynamic growth in profits at the AutoWallis Group in 2023
2024.02.29.
Read moreThe 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.
