Category: Automotive

Retail Asia01/06/2023
ample-accuwisselstation-2e-gen-1280x720.jpg
3min0
Ample, electric vehicle (EV) charging solutions provider has introduced a technology known as modular battery swapping. This innovative approach aims to revolutionise the way EVs are charged by delivering a 100 per cent charge in under five minutes. Unlike traditional charging methods, which can be time-consuming, Ample’s battery-swapping system offers a fast and efficient alternative. […]

Retail Asia28/04/2023
Mercedes-E-Class-1024x509.jpg
2min0
Mercedes distributor Haxaco reported a 92% year-on-year fall in pre-tax profits in the first quarter to VND5.6 billion ($238,750). Amid an industry-wide decline in sales, Haxaco’s revenues plummeted by 40% to VND992 billion. High-interest rates and the difficult economic situation caused sales of the luxury brand to drop, the company said in a statement. Its […]

Retail Asia26/04/2023
Vietnam-Motorbike-Registration-1280x720.jpg
1min0
Over 634,000 motorbikes were sold in Vietnam in the first three months, translating to almost five units every minute. The figure dropped by nearly 16% year-on-year, according to the Vietnam Association of Motorcycle Manufacturers, which comprises Honda, Yamaha, Piaggio, Suzuki and SYM. The motorbike sales figure was 7.3 times that of cars, showing that two-wheelers […]

Retail Asia24/04/2023
Mercedes-AMG-A35--1280x853.jpg
3min0
Mercedes has dominated Vietnam’s luxury car market for the last four years as Lexus, Volvo and other trailing brands tussle behind. Auto registration data showed that between 2019 and 2022, Mercedes secured and average of around 60% of Vietnam’s total luxury car market share. The German brand sold 7,925 cars in the Southeast Asian nation last […]

Retail Asia22/04/2023
Toyota-Hilux-1280x720.jpg
3min0
Toyota’s Raize and Corolla Cross now account for 40% of the compact CUV segment, with the rest divided between Kia, Mazda, Honda, and Hyundai. In the last two years the competition in the urban compact CUV segment has been hot, persuading car companies to bring in new products. The race in this segment is mainly […]

Retail Asia20/04/2023
porche-1280x853.jpeg
6min0
The owner of a Macan SUV claims that Porsche employees broke his VND600 million ($25,500) gearbox during maintenance, but the automaker denies the accusation. In early December, Ho Chi Minh City resident Pham Anh Tan in Ho Chi Minh City brought his 2016 Macan to Porsche Sai Gon for a front bumper replacement after the […]

Retail Asia03/04/2023
honda-factory.jpg
1min0
Honda Vietnam has hiked the prices of most motorbikes following an increase in costs, the biggest hike being of VND2 million ($85). The price of the Vision 110cc, its best-selling automatic model, has risen by 1.37% to VND37.09 million. The Air Blade 125cc, a powerful city motorbike favored by men drivers, is up 1.62% to […]

Retail Asia20/03/2023
vietnam-auto-import.jpg
3min0
All 12 members of the Vehicles Importers Vietnam Association (VIVA) have asked the Government to reduce the registration fee on imported cars by 50% to spur demand. VIVA proposed in the context of a sharp drop in sales and gloomy market forecasts. According to the association, car importers need help to cope with high inventories […]

Retail Asia17/03/2023
Geely.jpeg
3min0
Only 30-40% of Vietnamese car buyers resort to bank loans compared to some 80% in developed countries. The rates vary by geographical region, with automobile firms saying more customers in the south borrow than in the north. Vinh Nam, sales manager of Vietnam Star, a Mercedes dealer in Binh Duong Province, said generally southerners are […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X