Xinhua
15 Mar 2026, 03:45 GMT+10
Major brands, including Geely, BAIC, MG, and OMODA, are showcasing their latest models and signaling their strategic ambitions for the regional market.
BUDAPEST, March 14 (Xinhua) -- On a crisp early spring weekend, the Hungexpo buzzed with activity as visitors flocked to one of the region's largest automotive events, weaving between displays of sports cars, antique cars, sedans, and SUVs.
The three-day International Automobile and Tuning Show 2026 has also become a platform for Chinese automakers to expand their presence in Central and Eastern Europe. Major brands, including Geely, BAIC, MG, and OMODA, are showcasing their latest models and signaling their strategic ambitions for the regional market.
At a press conference on Friday, the show's opening day, Geely officially announced its entry into Hungary. The company unveiled a plug-in hybrid SUV and a battery electric SUV. More than 200 customers signed up for test drives within three hours at the exhibition.
"The market entry into Hungary is a crucial part of our European strategy," Yang Cheng, general manager of Geely Hungary, said at the launch. He noted that the company plans to use Hungary as a hub for branding, service, parts warehousing, and vehicle logistics across Eastern Europe.
Yang added that the newly launched models were developed in line with European Union regulations and local market demands. They have undergone extensive winter testing, real-world condition evaluations, charging tests, and intelligent connectivity trials at Geely's R&D center in Germany.
First-time exhibitor BAIC also drew considerable attention. "We are surprised that so many people are interested in the brand," said Daniel Pataki, technical manager of BAIC Hungary. The company is displaying one hybrid model and three gasoline-powered vehicles as it begins operations in Hungary.
Pataki said BAIC plans to establish approximately 15 dealerships across Hungary to ensure nationwide coverage before potentially expanding into neighboring countries.
SAIC's MG brand is attending the Budapest show for the fourth time, presenting a pure electric sports car, a pure electric SUV, and three hybrid models. MG has established a design center in Europe specifically to adapt its vehicles to the driving preferences of European consumers.
Chinese automakers have been expanding rapidly across Europe in recent years, particularly in the electric vehicle segment.
Visitors also showed strong interest in Chinese brands. Sandor Korsos, a 26-year-old attendee visiting the Chery OMODA booth, told Xinhua that Chinese cars remain competitively priced with longer warranties and better interior materials, compared with many European and Japanese cars.
"Few European cars can match the 7-year warranty offered by Chinese brands," he said. "If I were buying a new car now, I would definitely choose a Chinese brand."
Get a daily dose of Peking Press news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Peking Press.
More InformationDUBLIN, Ireland: European dignitaries will receive woolen scarves worth 135,000 euros in total, paid for by the government, when Ireland...
LONDON: The war in the Middle East has triggered the largest disruption to global oil supplies on record, the International Energy...
NEW YORK CITY, New York: Michael Bloomberg has again been named the biggest donor in the United States, topping the Chronicle of Philanthropy's...
NEW YORK, New York - U.S. and global stocks fell again Friday as questions swirled over U.S. aspirations in the attacks against Iran...
MINNEAPOLIS, Minnesota: Target said it is cutting prices on more than 3,000 products across categories, including apparel, home goods,...
DUBAI, U.A.E.: Arab states in the Middle East are increasingly concerned that they are paying the economic and security costs of a...
STOCKHOLM, Sweden: Europe has overtaken other regions to become the world's largest importer of arms over the past five years, as governments...
Major brands, including Geely, BAIC, MG, and OMODA, are showcasing their latest models and signaling their strategic ambitions for...
The US president has appealed to China and several other nations to send warships to the Strait of Hormuz The US security umbrella...
(Photo credit: Vincent Alban/Pool via Imagn Images) The World Anti-Doping Agency strongly denied a published report from Friday that...
Hyderabad (Telangana) [India], March 14 (ANI): Hockey India on Saturday congratulated Captain Salima Tete on making her 150th appearance...
(260314) -- MANOSQUE, March 14, 2026 (Xinhua) -- Students of the Provence-Alpes-Cote d'Azur International School perform during a Spring...
