Domestic Automotive Expansion Defies Troubled European Market

Mercedes-Benz factory in Kecskemét While the automotive industry in Europe is struggling with weak demand, increasing competition from China, and the challenges of electrification, Hungary is heading in a different direction. The country is expanding its industrial capacity at a record pace. An analysis by the German foreign trade agency Germany Trade & Invest (GTAI) […] The post Domestic Automotive Expansion Defies Troubled European Market appeared first on Hungary Today .