hungary

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

News and Information about hungary

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

You also might be interested: audi, audi tts, production, record, audi tt, roadster, suzuki, daimler, opel, factory

500,000th Audi TTS Coupe was just assembled in Hungary

The original Audi TT was first produced back in April 1998, at a factory located in Gyor, Hungary. And after many years, the 500,000th unit has rolled off the production line -- an important milestone for the company. The 500,000th unit is a TTS Coupe finished in Viper Green, and is currently on its way to its owner in the United Kingdom. Across three generations, Audi has produced over a million units of the TT.

The TTS Coupe is a beefed-up version of the TT Coupe. Under its hood is a turbocharged 1,984 cc engine that gives out as much as 286 horsepower at 5,300-6,200 rpm and 380 Nm of torque from 1,800 to 5,200 rpm. In just 4.7 seconds, the roadster can accelerate from 0-100 kilometers per hour before continuing on to its top speed on 250 km/h. The engine comes standard with a six-speed dual-clutch automatic transmission that gives power to the all-wheel drive. The TTS is definitely one fast car.

The price range of the TTS Coupe varies depending on the seat options - Nappa leather or Alcantara.

Read the entire article 500,000th Audi TTS Coupe was just assembled in Hungary

Audi begins 2015 TT Roadster production at its Gyor site in Hungary

Audi has started production of the 2015 TT Roadster at its Gyor site in Hugary. The launch was graced by Chairman of the Board of Management of Audi Rupert Stadler, Hungarian Prime Minister Viktor Orbán, and the Mayor Zsolt Borkai of of Győr. The Audi TT Roadster will be the fourth Audi model to go into series production at Audi Hungaria following the A3 Sedan, A3 Cabriolet and TT Coupe.

Rupert remarked that the start of production of the new Audi TT Roadster underscores Audi Hungaria’s position in the carmaker’s global production network. Audi started full vehicle production at its site in Győr, Hungary in June 2013.

Prior to that, the carmaker is already building engines at the site. So far, the site has churned out over 100,000 cars. Audi Hungaria’s new auto plant in Gyor is currently being manned by a 4,000-strong workforce. Hubert Waltl, Board of Management Member for Production at Audi, remarked that the move to build a plant in Gyor 21 years ago a decisive step in its development into an international group.

Read the entire article Audi begins 2015 TT Roadster production at its Gyor site in Hungary

Suzuki shuts off one production shift at Esztergom site in Hungary

Suzuki's manufacturing site in Esztergom, Hungary will continue operating at reduced capacity for the rest of 2014, according to a report by Napi Gazdasag newspaper. Suzuki spokeswoman Viktoria Ruska told the daily that the carmaker is Suzuki is maintaining its target output of 150,000 vehicles at the site.

The plant has been operating at one shift – instead of the usual two -- after stopping production of the Splash small minivan and the SX4 small SUV. The site is also preparing for the output of the new Vitara from early 2015, Ruska told the paper.

Suzuki unveiled the Vitara subcompact SUV at the 2014 Paris auto show and will commence its sales in Europe early 2015. Despite the reduced capacity, Suzuki has no plans to implement the layoffs and intends to operate back to two shifts once plant starts production of the new Vitara.

Read the entire article Suzuki shuts off one production shift at Esztergom site in Hungary

Audi to add third shift at Gyor, Hungary site for production of new TT Coupe

Audi is adding a third shift at its Gyor manufacturing site in Hungary in mid-August to prepare for the serial production of the new Audi TT Coupe, plant production chief Gerd Walker said in a statement.

The site currently produces the TT Coupe and Roadster, the A3 sedan and A3 convertible and could produce up to 160,000 vehicles annually. The Gyor site produced 42,851 cars and 1.93 million engines in 2013, most of which were exported.

Audi has invested more than EUR900 million ($1.23 billion) to expand site to cover all production processes in a project completed in 2013.

Read the entire article Audi to add third shift at Gyor, Hungary site for production of new TT Coupe

The European Commission commenced an investigation into whether the state aid provided by Hungary to German luxury carmaker Audi complied with European Union rules. Hungary granted Audi EUR133.3 million of state aid for an expansion of its Gyor site located in its western side. The EUR1.2-billion project is expected to create 2,100 jobs.

In a statement, the Commission said it had concerns on whether the state aid could harm competition. The Commission said in a statement that given the size of the project and the market share of the Volkswagen Group, it needs to verify the impact of the project on regional development.

The Commission said that it would look into whether the state aid is necessary to carry out the investment in Gyor. The Commission said it had allowed EUR43.67 million in German aid to Porsche to help the carmaker expand its Leipzig site in Saxony where it plans to build the Macan compact SUV.

Read the entire article European Commission probing into Hungary aid granted to Audi

Commercial production will start at the end of this month at Daimler’s factory in Kecskemet, a town that’s about an hour’s ride away from Budapest, Hungary. This plant, which was constructed for about 800 million euro, will have about 2,500 workers (most of which would be local). This factory will produce the Mercedes B class and a model of the new A class.

Daimler isn’t the first to put up a plant in Hungary. In the 1990s, Audi, Opel (a division of General Motors) and Suzuki were among those who had made Hungary a major fixture in the automotive industry. However, the Daimler project is the biggest new investment in Hungary within the past few years.

It also demonstrates the ambivalent relationship that the center-right government and investors have. Prime Minister Viktor Orban is supportive of huge manufacturing investments but he has expressed a resistance towards foreign capital.

Read the entire article Daimler’s plant in Hungary may help the country avoid the recession

Audi will be adding 2,100 jobs at its subsidiary in Gyor, Hungary, as part of its plan to expand production, the company disclosed in a statement. This figure is 300 jobs more than what has been originally planned. Audi, which is the luxury brand of Volkswagen AG, currently has at least 6,500 employees at its Hungarian unit, which was established in 1993.

The company has previously disclosed in September that it would be investing 900 million euros ($1.3 billion) in the Hungarian unit by 2013 to create 1,800 jobs.

As part of the unit’s expansion, the company will add a new assembly line, body shop, press shop and paint shop. Currently, the Gyor unit has a vehicle assembly line and an engine plant that produces the TT roadster, TT coupe, RS3 sportback and A3 cabriolet. The company further disclosed that another A3 derivative will be added in Gyor, bringing the production to 125,000 units per year by 2013.

Read the entire article Audi to add 2,100 jobs at its unit in Hungary

An environmental group has withdrawn its appeal against Audi’s plans to expand the Gyor vehicle plant in Hungary, the company disclosed on Wednesday.

This clears the way for the company’s 900-million-euro ($1.29 billion) expansion plan, which will produce 1,800 jobs. Audi, which is the luxury brand of Volkswagen AG, intends to increase production levels to 125,000 vehicles annually once the expanded Gyor facility starts full operations by 2013.

The company is currently building the A3 cabriolet, TT roadster and TT coupe at the Gyor plant and it intends to manufacturer the A3 sedan and the RS3 sportback there too, which will give a great boost to the export-driven economy of Hungary.

Read the entire article Hungarian environmental group withdrawn appeal against Audi’s expansion

Volkswagen AG's Audi and General Motors Co.'s Opel are set to receive subsidies from the government of Hungary to fund their expansion plans in the country, Economy Minister Gyorgy Matolcsy disclosed at a news conference on Wednesday. Specifically, the government allowed 5.5 billion forints ($30 million) of subsidiaries for Opel and 11.2 billion forints ($61 million) for Audi.

The two automakers’ expansion plans at their Gyor and Szentgotthard facilities would be worth around 1.4 billion euros ($2 billion), as announced last year, and will enhance Hungary’s export-driven economy in the coming years.

Matolcsy disclosed that these projects would produce almost 100 percent for the country’s exports, an opportunity that will bring Hungary forward in the regional automotive competition.

Read the entire article Audi, Opel expansion approved in Hungary

Audi’s factory in Gyor, Hungary, will be converted into a full assembly plant to produce A3 and TT cars. Audi will invest 900 million euros ($1.2 billion) for this plant to be able to produce 125,000 cars a year. This conversion is expected to create 1,800 new jobs. How the Gyor plant operates now is to assemble the TT coupe and roadster and A3 Cabriolet using locally built engines.

The other parts are shipped in from Audi's home plant in Ingolstadt in Bavaria, Germany. Audi said that from 2013, Gyor will accomplish the complete manufacturing process on its own, from chassis production to assembly.

In addition, Gyor will be producing another version of the A3 model. CEO Rupert Stadler said that the expansion is a boost to the company's growth plans. Audi’s goal for this year is to achieve new-car sales of over 1.08 million this year, a 14% increase from a year earlier. Audi, the premium brand owned by Volkswagen AG, aims to take over BMW’s position as the world's biggest luxury-car maker by 2015.

Read the entire article Audi converting Hungary factory into a full assembly plant
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