Vehicle production
As a result of Hungary becoming one of the most significant producers and exporters of buses in Europe after the Second World War, commercial vehicle production had lost its importance until recently. Regarding automobile manufacturing, 2020 brought an annual decrease of 19 percent in the volume of vehicles produced; totaling 433 thousand units. Moreover, over two thousand motorcycles were manufactured in 2019.There are four leading original equipment manufacturers in Hungary — namely Audi, Mercedes, Opel, and Suzuki. Of the aforementioned automotive companies, Audi was the most successful in 2020 in terms of revenue. It was followed by another German automobile manufacturer, Mercedes-Benz Manufacturing, with a revenue of 3.4 billion euros.