Press release 2019

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In order to realize its objectives regarding the expansion in Hungary, AutoWallis has entered into a cooperation agreement with the founder of Western Hungary’s prominent automotive retailer, the Iniciál Group,…

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The AutoWallis Group obtained the sales rights of Jaguar Land Rover in Hungary

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Wallis Automotive Europe, a subsidiary of AutoWallis Plc., has obtained the exclusive importer rights of Jaguar Land Rover vehicles and spare parts in a new country, this time in Hungary.…

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AutoWallis: Sixt and Wizz Air enters into a cooperation

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Wizz Air and Sixt entered into a cooperation agreement, through which the car rental company offers reduced rental rates and other comprehensive services to the passengers of Wizz Air. In…

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AutoWallis Sales Report * Q1-Q3, 2019

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AutoWallis: the third quarter also brings strong sales results in all three business units AutoWallis has increased its new vehicle sales by almost one fifth, and advanced its used vehicle…

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The main owner supports the management of AutoWallis via company shares if the strategic goals are reached

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The main owner of AutoWallis encourages the realization of the corporation’s strategy announced in spring by launching and Employee Share Ownership Plan (ESOP). The necessary 7.35% share portfolio has been…

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AutoWallis has received the credit rating necessary for the participation in the Bond Funding for Growth Scheme

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 AutoWallis is seriously considering the possibility of participating in the Bond Funding for Growth Scheme (BGS) launched by the Hungarian National Bank (MNB), and it has only acquired the credit…

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The main owner initiates a share ownership program for the management of AutoWallis, in support of the company’s strategic plans

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The main owner of AutoWallis, Wallis Asset Management, launches an Employee Share Ownership Program (ESOP) tied to reaching certain performance targets, in support of the strategic objectives of the corporation,…

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AutoWallis increased the capital of its subsidiary

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AutoWallis, listed in the Premium category of the Budapest Stock Exchange, increased the capital of its subsidiary Wallis Motor Duna by close to HUF 400 million, in order to provide…

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AutoWallis shares now listed in Premium category

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Less than five months after having its new shares listed on the stock exchange, the AutoWallis shares are already traded in the Premium category of the Budapest Stock Exchange. Since…

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