Category: Automotive

Retail Asia28/02/2024
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2min0
German sportscar manufacturer Porsche has opened its Porsche Studio in Singapore intending to provide an improved studio model. The new two-story showroom is part of downtown Singapore’s famous Guoco Midtown mixed-use development, near the Bugis heritage zone. The venue features a sleek and modern design with Singaporean touches like “breeze block” patterns inspired by historic local architecture […]

Retail Asia14/02/2024
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2min0
Vietnam saw the second sharpest decrease, of 25%, in automobile sales in Southeast Asia last year behind only minuscule market Myanmar. According to the ASEAN Automotive Federation (AAF), in the region’s seven main markets, Indonesia, Thailand, Malaysia, the Philippines, Vietnam, Singapore, and Myanmar, 3.35 million vehicles were sold, a 2.1% decline from 2022. But the […]

Retail Asia10/01/2024
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1min0
Vietnam Association of Motorcycle Manufacturers members sold 2.5 million vehicles in the domestic market last year, down 16.2% from 2022. Its five members are Honda, Yamaha, Piaggio, Suzuki, and SYM. They sold 634,688 motorcycles in Q1 of last year, 588,926 in Q2, 610,635 in Q3, and 681,963 in Q4. The Vietnamese motorcycle market also has […]

Retail Asia04/01/2024
4min0
Continuing its journey of the “Bridges to Knowledge” project, Bridgestone Vietnam built and inaugurated the 10th bridge, Truong Tho in Soc Trang, on Dec. 27. The project was implemented by Bridgestone Tire Sales Vietnam Limited Liability Company to realize Empowerment (Committed to contributing to a society that ensures accessibility and dignity for all) and Ease […]

Retail Asia11/12/2023
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6min0
The domestic auto market in Vietnam is experiencing a decline in car sales due to sluggish customer demand compared to previous years, according to local car experts. The experts said the number of customers visiting car dealerships has not increased compared to previous years, despite price reductions and promotions offered by car manufacturers during the […]

Retail Asia22/11/2023
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2min0
Ford has recalled 1,182 Everest and Explorer SUVs in Vietnam for engine control module software failure and a rearview camera display error. The Everest recall involves 185 vehicles, all produced at Ford’s factory in Thailand between June 28, 2022, and April 4 this year The American carmaker said the software failure causes the AdBlue warning […]

Retail Asia20/11/2023
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2min0
Limited edition 10th-anniversary Vespa 946s are selling at private dealerships for over VND700 million ($28,848) in Vietnam. Aside from the 28 units that franchise dealers imported last week, private dealers have procured several more Vespa 946 10° Anniversaries from Italy. One Ho Chi Minh City showroom on Hung Vuong Street in District 5 has priced […]

Retail Asia15/11/2023
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2min0
A motorbike dealer has just imported a batch of the latest model of the Honda Dream, an iconic vehicle that was all the craze a few decades ago. Previously the bike used to sell for VND100 million (US$3,970), while the new one is marked at $2,500 in Cambodia, from where they are imported. The Dream […]

Retail Asia08/11/2023
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2min0
Vietnam’s first electric vehicle (EV) maker VinFast plans to build a plant with an investment capital of 18.6 trillion Rp (US$1.2 billion) in Indonesia, according to Presidential Chief of Staff of Indonesia Moeldoko. Moeldoko told a press on Nov. 6 that the construction will begin as soon as possible. He, however, did not reveal further […]

Retail Asia30/10/2023
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1min0
Mercedes distributor Hang Xanh Motors Service Joint Stock Company saw net profits for the third quarter plummet by 87% year-on-year to VND8 billion (US$333,000). It attributed the fall to plunging sales and increasing costs. Administrative costs jumped 54% to VND29 billion, according to its audited financial statements. Its revenues fell by 44% to VND2.9 trillion, […]


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