A new subsidiary company British Automotive Hungary Kft. has been set up to represent the brands. In addition the company will handle retail representation of the brands in Budapest, trading from a brand new flagship dealership.
AutoBinck entered the Hungarian market in 2007 through the acquisition of Hyundai distribution and have since successfully established this brand to its current 3.1% market share.
Netherlands-based AutoBinck Holding N.V. has won distribution rights for the premium British brands Jaguar, Land Rover and Range Rover in Hungary, from 1st October 2011