hungary production

List of News and Information about hungary production on 4WheelsNews.com

News and Information about hungary production

Read the latest news and information about hungary production published on 4WheelsNews.com! View comments and pictures about hungary production on 4WheelsNews.com!

You also might be interested: audi, hungary production

High output at Mercedes-Benz and Audi is boosting Hungarian economy

Higher vehicle production at Mercedes-Benz and Audi is providing a needed boost to the economy of Hungary. According to the Hungarian Central Statistics Office, Gross Domestic Product surged 3.9 percent in the second quarter of 2014 -- the biggest quarterly hike since the first three months of 2006.

The Hungarian Central Statistics Office, expecting continued buoyancy, told Automotive News Europe in an e-mailed statement that economic growth will exceed 3 percent in 2014. One of the main reasons for the growth was a significant increase in industrial output (11 percent) in June, boosted by heightened outputs by carmakers.

Mercedes’s production facility in Kecskemet, Hungary has over 3,000 workers and built more than 100,000 vehicles in 2013. In May, Mercedes added a third shift at its site to better cater to strong global demand for the B class and CLA models.

Read the entire article High output at Mercedes-Benz and Audi is boosting Hungarian economy