Hungary's auto industry plans gradual restart of production

Hungary's economy is heavily dependent on the vehicle manufacturing sector, which all but halted production last month due to coronavirus.
By : Reuters
| Updated on: 15 Apr 2020, 02:23 PM
File photo used for representational purpose only (AFP)
File photo used for representational purpose only (AFP)
File photo used for representational purpose only (AFP)
File photo used for representational purpose only

Hungary's largest car makers plan to restart production gradually after weeks of shutdown to stem the spread of the novel coronavirus, they said in statements late on Tuesday.

Hungary's economy is heavily dependent on the vehicle manufacturing sector, which all but halted production last month when the pandemic began to spread in the central European country.

Germany's luxury carmaker Daimler and Japan's Suzuki have said they will restart production in a limited scope at their Hungarian units later this month. Germany luxury brand Audi restarted its Hungarian factory on Tuesday.

"Hungarian Suzuki Corp. introduced more complex health safety measures than ever before, therefore the factory at Esztergom is ready to restart production," the company said in an emailed statement.

Similar Cars

Find More Cars
Maruti Suzuki Alto (HT Auto photo)
Maruti Suzuki Alto
796 cc | Petrol | Manual | 22.05 kmpl
₹3.15 - 4.84 Lakhs**Ex-showroom price
Maruti Suzuki S-presso (HT Auto photo)
Maruti Suzuki S-presso
998 cc | Petrol | Manual | 21.4 kmpl
₹3.78 - 5.45 Lakhs**Ex-showroom price
Maruti Suzuki Eeco (HT Auto photo)
Maruti Suzuki Eeco
1196 cc | Petrol | Manual | 16.11 kmpl
₹4.3 - 5.61 Lakhs**Ex-showroom price
Maruti Suzuki Celerio (HT Auto photo)
Maruti Suzuki Celerio
998 cc | Petrol | Manual | 21.63 kmpl
₹4.65 - 6.02 Lakhs**Ex-showroom price
Maruti Suzuki Ignis (HT Auto photo)
Maruti Suzuki Ignis
1197 cc | Petrol | Manual | 20.89 kmpl
₹4.89 - 7.58 Lakhs**Ex-showroom price
Maruti Suzuki Wagon R (HT Auto photo)
Maruti Suzuki Wagon R
998 cc | Petrol | Manual | 21.79 kmpl
₹4.93 - 6.47 Lakhs**Ex-showroom price

"The company monitors the market and potential domestic and international government measures, revising its restart date weekly. Hungarian Suzuki expects to restart production on April 27 in a single-shift operation."

PSA Group's Opel told state news agency MTI it was ready to restart production at its Western Hungarian plant when market circumstances and regulations allowed.

(Also read: From Audi to Hyundai, carmakers begin rebooting European plants after lockdown)

Korean tire maker Hankook Tire has restarted its factory south of Budapest, it said. Other companies in the car sector supply chain, such as Japanese Denso, have also started to resume production operations, they said.

The companies said they would continue to monitor hygiene and implement safe distancing between employees.

Hungary's industrial production expanded by an annual 4.1 percent in February, before the novel coronavirus pandemic hit the global economy. Analysts expect the economic effects of the shutdown to peak in the second quarter of the year in Hungary, as in many other countries.

First Published Date: 15 Apr 2020, 02:23 PM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city